2600 Lansbury DR, Austin TX 78723

The market data from 7 similar recent sales in ROYAL OAK ESTATES points to a value of approximately $512,289. To sell within a reasonable timeframe at fair market value, the $435,000 to $445,000 range is where I'd position this. With 7 comparable homes on the market in ROYAL OAK ESTATES, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in ROYAL OAK ESTATES; a buyer's market based on recent absorption. In ROYAL OAK ESTATES, home values have risen approximately 25.5% over the past 6 months. One of the strongest data points is 5702 Sutherlin RD, Austin TX 78723, adjusting to $610,795; with a larger floor plan and a pool. 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