8 Heritage Oaks DR, Austin TX 78737

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $746,538. I'd recommend coming to market at $605,000 to $615,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in HERITAGE OAKS, this price positions the property as the most expensive of 2 comparable homes on the market. At 1,338 sqft smaller than the typical comp, the size difference factors into the valuation. The 1.95 acre lot (smaller than the 2.20 acre average) is reflected in the estimate. Current inventory shows 2 comparable homes in HERITAGE OAKS; a balanced market based on recent absorption. The trend in HERITAGE OAKS shows prices have fallen 5.7% in the past 6 months. 28 Long Creek RD, Austin TX 78737 nearby adjusts to $679,447; a strong comparable. 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