712 Limon LN, Austin TX 78704

My analysis of 7 comparable properties puts this home's estimated value at $875,218. Based on how the local market is moving, a list price between $642,000 and $652,000 would position this home well. Relative to what's currently available in OAK RIDGE HEIGHTS, this home would be the 3rd most expensive of 7 comparable homes on the market. At 34 years newer than typical comps, the 1999 build date influences the valuation. The larger lot (0.20 acres versus the area average of 0.16) contributes to the valuation. Current inventory shows 7 comparable homes in OAK RIDGE HEIGHTS; a buyer's market based on recent absorption. The 6 month price trend in 78704: fallen 3.8%. The best comp here is 2608 S 2nd ST, Austin TX 78704 at an adjusted value of $1,075,921, with a larger floor plan. With 7 comparable sales in OAK RIDGE HEIGHTS, 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