5706 Thames DR, Austin TX 78723

Based on 7 closed sales in ROYAL OAK ESTATES, the data points to a value around $707,739 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $835,000 to $847,000. This home's position in the current ROYAL OAK ESTATES market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. Being built in 1967 (5 years newer than comps) is factored into the value estimate. The active market in ROYAL OAK ESTATES includes 4 comparable homes priced from $650,000 to $985,000. Market data shows ROYAL OAK ESTATES prices risen 24.5% over the last half year. The closest comparable sale, 5901 Thames DR, Austin TX 78723 at an adjusted $671,728, 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