7311 Danwood DR, Austin TX 78759

The estimated value of this property is $741,320, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $525,000 and $535,000. With 7 comparable homes on the market in OAK FOREST, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 151 sqft larger than the typical comp, the size difference factors into the valuation. With 7 similar homes currently listed in OAK FOREST (a balanced market), competition is a factor to consider. Recent trends in OAK FOREST show home values have risen 3.1% since 6 months ago. The most comparable recent sale is 6603 Wild Oak CIR, Austin TX 78759, with an adjusted value of $775,024; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group