Based on 4 closed sales in OAK BROOK, the data points to a value around $740,155 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $725,000 to $755,000. Relative to what's currently available in OAK BROOK, this home would be the 3rd least expensive of 7 comparable homes on the market. Being 326 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.27 acres versus 0.24 for the typical comp. The active market in OAK BROOK includes 7 comparable homes priced from $665,000 to $860,000. Market data shows OAK BROOK prices fallen 5% over the last half year. The closest comparable sale, 9201 Cessna LN, Austin TX 78717 at an adjusted $746,729, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in OAK BROOK. 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