504 Lone Oak DR, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $782,840. For a well positioned listing in TWIN OAKS, I'd target the $941,000 to $1,158,000 range. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in TWIN OAKS. At 0.22 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in TWIN OAKS; a buyer's market based on recent absorption. Recent trends in 78704 show home values have fallen 1.1% since 6 months ago. The most comparable recent sale is 2411 Little John LN, Austin TX 78704, with an adjusted value of $888,368; a strong comparable. 6 comparable transactions in TWIN OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group