608 Twelve Oaks LN, Austin TX 78704

The estimated value of this property is $1,123,677, based on 5 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,090,000 and $1,157,000. With 3 comparable homes on the market in OAKS, this price positions the property as the most expensive of 3 comparable homes on the market. The larger floor plan (400 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2003, this home is 11 years older than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in OAKS, creating a buyer's market for this price range. Recent trends in OAKS show home values have risen 92.7% since 6 months ago. The most comparable recent sale is 712 Cardinal LN # A, Austin TX 78704, with an adjusted value of $902,445; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group