809 Herndon LN, Austin TX 78704

Based on 7 closed sales in OAK RIDGE HEIGHTS, the data points to a value around $606,051 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $508,000 to $518,000. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in OAK RIDGE HEIGHTS's current inventory. Lot size matters here: 0.12 acres versus 0.16 for the typical comp. Current inventory shows 7 comparable homes in OAK RIDGE HEIGHTS; a buyer's market based on recent absorption. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 2609 S 3rd ST, Austin TX 78704 at an adjusted $711,133, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in OAK RIDGE HEIGHTS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group