5506 Coventry LN, Austin TX 78723

Based on 7 closed sales in ROYAL OAK ESTATES, the data points to a value around $481,049 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $559,000 to $564,000. Buyers shopping in ROYAL OAK ESTATES right now would see this as a well positioned option among 4 comparable homes. Current inventory shows 4 comparable homes in ROYAL OAK ESTATES; a buyer's market based on recent absorption. Market data shows ROYAL OAK ESTATES prices risen 24.5% over the last half year. The closest comparable sale, 5711 Wellington DR, Austin TX 78723 at an adjusted $512,038, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in ROYAL OAK ESTATES. 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