309 Cedarbrook CT, Austin TX 78753

Based on 3 closed sales in OAK RIDGE, the data points to a value around $476,927 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $398,000 to $408,000. Buyers shopping in OAK RIDGE right now would see this as a well positioned option among 5 comparable homes. A pool adds market appeal. Only 3 minus 3 of the comps had one. Lot size matters here: 0.28 acres versus 0.23 for the typical comp. There are currently 5 similar homes on the market in OAK RIDGE, ranging from $345,000 to $625,000. Market data shows OAK RIDGE prices fallen 1.7% over the last half year. The closest comparable sale, 11918 Rennalee LOOP, Austin TX 78753 at an adjusted $486,005, is with no pool. The strength of this estimate comes from 3 directly comparable sales in OAK RIDGE. 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