2307 Sheri Oak LN, Austin TX 78748

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $428,487. To generate strong buyer interest while maximizing value, I'd price this between $319,000 and $329,000. Against 3 similar active listings in OAK VALLEY PARK, this price point lands at the most expensive of 3 comparable homes on the market. The 1972 construction puts this home 10 years older than the comp average, a factor in the pricing. At 0.24 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in OAK VALLEY PARK, listed between $295,000 and $399,000. The trend in 78748 shows prices have fallen 3.5% in the past 6 months. 2406 Shelby Oak LN, Austin TX 78748 nearby adjusts to $492,307; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group