5408 Manor RD, Austin TX 78723

The estimated value of this property is $492,061, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $517,000 and $559,000. Against 3 similar active listings in ROYAL OAK ESTATES, this price point lands at the most affordable of 3 comparable homes on the market. At 113 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1970, this home is 8 years newer than the average comp, which is reflected in the adjustments. There are currently 3 similar homes on the market in ROYAL OAK ESTATES, ranging from $515,000 to $569,000. Recent trends in ROYAL OAK ESTATES show home values have risen 25.5% since 6 months ago. The most comparable recent sale is 5711 Wellington DR, Austin TX 78723, with an adjusted value of $516,729; a strong comparable. Based on 4 relevant data points in ROYAL OAK ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX