3 recent sales within half a mile of this address suggest a current value of $424,049. My recommended list price range for this property would be $462,000 to $470,000. In the current OAKCREST ESTATES market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The smaller floor plan (210 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.41 acre lot (smaller than the 0.45 acre average) is reflected in the estimate. The active market in OAKCREST ESTATES includes 4 comparable homes priced from $379,000 to $519,900. In OAKCREST ESTATES, home values have fallen approximately 21% over the past 6 months. One of the strongest data points is 225 Spanish Oak DR, Georgetown TX 78628, adjusting to $387,458; a strong comparable. Based on 3 relevant data points in OAKCREST ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX