4707 Oak Cliff DR, Austin TX 78721

My analysis of 4 comparable properties puts this home's estimated value at $323,076. Based on how the local market is moving, a list price between $265,000 and $275,000 would position this home well. Relative to what's currently available in 78721, this home would be the 3rd most expensive of 6 comparable homes on the market. At 125 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.00 acres versus the area average of 0.17) contributes to the valuation. Right now, 6 similar properties are competing for buyers in 78721, listed between $249,000 and $499,000. The 6 month price trend in 78721: fallen 6.9%. The best comp here is 4801 Lott Ave, Austin TX 78721 at an adjusted value of $288,344, a strong comparable. With 4 comparable sales in 78721, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group