7611 Oak Hedge PL, Austin TX 78745

My analysis of 7 comparable properties puts this home's estimated value at $362,995. Based on how the local market is moving, a list price between $197,000 and $207,000 would position this home well. This home's position in the current ELMWOOD ESTATES market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The 295 sqft size difference versus comparable sales is reflected in the adjusted values. At 26 years older than typical comps, the 1956 build date influences the valuation. With 7 similar homes currently listed in ELMWOOD ESTATES (a balanced market), competition is a factor to consider. The best comp here is 7505 Forest Wood RD, Austin TX 78745 at an adjusted value of $427,996, with a larger floor plan. The comp data here (7 sales in ELMWOOD ESTATES) 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