600 Twelve Oaks LN, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $971,166. For a well positioned listing in OAKS, I'd target the $612,000 to $622,000 range. At this price, the property would be the 3rd most expensive of 6 comparable homes on the market comparable homes currently on the market in OAKS. The 281 sqft size difference versus comparable sales is reflected in the adjusted values. The 2003 construction puts this home 8 years older than the comp average, a factor in the pricing. Right now, 6 similar properties are competing for buyers in OAKS, listed between $625,000 and $1,249,000. Recent trends in 78704 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 2707 La Mesa DR, Austin TX 78704, with an adjusted value of $1,119,354; with a larger floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group