2415 Melissa Oaks LN, Austin TX 78744

Based on 7 closed sales in 78744, the data points to a value around $444,388 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $308,000 to $318,000. Relative to what's currently available in 78744, this home would be the most expensive of 7 comparable homes on the market. Being built in 2006 (13 years newer than comps) is factored into the value estimate. Lot size matters here: 0.25 acres versus 0.16 for the typical comp. Buyers in 78744 have 7 comparable options right now, with asking prices between $295,000 and $499,000. Market data shows 78744 prices risen 0% over the last half year. The closest comparable sale, 512 Eberhart LN # 1906, Austin TX 78745 at an adjusted $362,162, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus