2411 Rustic Oak LN, Austin TX 78748

Based on 3 closed sales in OAK VALLEY PARK, the data points to a value around $940,085 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $485,000 to $495,000. Buyers shopping in OAK VALLEY PARK right now would see this as a well positioned option among 7 comparable homes. At 362 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.45 acres versus 0.35 for the typical comp. With 7 similar homes currently listed in OAK VALLEY PARK (a buyer's market), competition is a factor to consider. Market data shows 78748 prices fallen 4.5% over the last half year. The closest comparable sale, 9201 Collingwood DR, Austin TX 78748 at an adjusted $986,808, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in OAK VALLEY PARK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group