633 Twelve Oaks LN, Austin TX 78704

My analysis of 3 comparable properties puts this home's estimated value at $848,000. Based on how the local market is moving, a list price between $697,000 and $707,000 would position this home well. This home's position in the current OAKS market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. At 194 sqft smaller than the typical comp, the size difference factors into the valuation. At 11 years older than typical comps, the 2003 build date influences the valuation. With 4 similar homes currently listed in OAKS (a buyer's market), competition is a factor to consider. The 6 month price trend in OAKS: fallen 79.1%. The best comp here is 604 Cumberland RD, Austin TX 78704 at an adjusted value of $998,009, with a larger floor plan. The comp data here (3 sales in OAKS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus