5705 Oakclaire DR, Austin TX 78735

Reviewing the most recent comparable transactions, this home's market value falls around $630,764. For a well positioned listing in OAK PARK, I'd target the $400,000 to $410,000 range. With 7 comparable homes on the market in OAK PARK, this price positions the property as the most expensive of 7 comparable homes on the market. This home's smaller footprint (180 sqft vs the comp average) plays a role in how the market prices it. The 2009 construction puts this home 7 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in OAK PARK, listed between $375,000 and $625,000. Recent trends in 78735 show home values have fallen 14.2% since 6 months ago. The most comparable recent sale is 5000 Mission Oaks BLVD # 47, Austin TX 78735, with an adjusted value of $799,640; with a larger floor plan. 3 comparable transactions in OAK PARK 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