7005 Danwood DR, Austin TX 78759

After reviewing 7 recent transactions in OAK FOREST, I estimate this property's value at $695,220. A competitive list price for this home right now would fall in the $534,000 to $544,000 range. Relative to what's currently available in OAK FOREST, this home would be the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (141 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.30 acres versus the area average of 0.25) contributes to the valuation. Buyers in OAK FOREST have 7 comparable options right now, with asking prices between $495,000 and $840,000. Prices in OAK FOREST have risen 5.9% over the last 6 months. A similar home at 11602 Three Oaks TRL, Austin TX 78759 carries an adjusted comparable value of $700,333, providing a strong data point. With 7 comparable sales in OAK FOREST, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group