612 Twelve Oaks LN, Austin TX 78704

The market data from 5 similar recent sales in 12 OAKS points to a value of approximately $1,113,585. To sell within a reasonable timeframe at fair market value, the $978,000 to $988,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in 12 OAKS. Being 324 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2003 construction puts this home 11 years older than the comp average, a factor in the pricing. Buyers in 12 OAKS have 7 comparable options right now, with asking prices between $925,000 and $1,395,000. In 78704, home values have fallen approximately 5.3% over the past 6 months. One of the strongest data points is 712 Cardinal LN # A, Austin TX 78704, adjusting to $882,855; a strong comparable. 5 comparable transactions in 12 OAKS 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