7005 Shumard CIR, Austin TX 78759

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $610,645. Pricing this home between $497,000 and $507,000 would put it in the competitive sweet spot for OAK FOREST. This pricing would rank the home as the 3rd most expensive of 6 comparable homes on the market in OAK FOREST's current inventory. Having a pool is a plus; 4 of the 7 comps lacked one. The larger lot (0.27 acres versus the area average of 0.23) contributes to the valuation. Buyers in OAK FOREST have 6 comparable options right now, with asking prices between $495,000 and $650,000. Market data shows OAK FOREST prices risen 0.7% over the last half year. The closest comparable sale, 7112 Fireoak DR, Austin TX 78759 at an adjusted $627,509, is a strong comparable. The comp data here (7 sales in OAK FOREST) 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