After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $449,452. Pricing this home between $500,000 and $586,000 would put it in the competitive sweet spot for TEXAS OAKS. This home's position in the current TEXAS OAKS market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. 3 similar homes are currently available in TEXAS OAKS, creating a seller's market for this price range. Market data shows TEXAS OAKS prices fallen 2% over the last half year. The closest comparable sale, 9223 Independence LOOP, Austin TX 78748 at an adjusted $585,519, is a strong comparable. With 7 comparable sales in TEXAS OAKS, 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