2307 Mimosa DR, Austin TX 78745

After reviewing 7 recent transactions in WHISPERING OAKS, I estimate this property's value at $548,506. A competitive list price for this home right now would fall in the $613,000 to $618,000 range. This would position the home competitively among 4 active listings in WHISPERING OAKS. At 6 years older than typical comps, the 1970 build date influences the valuation. The larger lot (0.23 acres versus the area average of 0.20) contributes to the valuation. Current inventory shows 4 comparable homes in WHISPERING OAKS; a buyer's market based on recent absorption. Prices in WHISPERING OAKS have risen 8.2% over the last 6 months. A similar home at 2506 Redleaf LN, Austin TX 78745 carries an adjusted comparable value of $476,425, providing a strong data point. With 7 comparable sales in WHISPERING OAKS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group