18320 Lake Oaks DR, Jonestown TX 78645

Based on 7 closed sales in 78645, the data points to a value around $341,377 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $525,000 to $628,000. This pricing would rank the home as the most affordable of 3 comparable homes on the market in 78645's current inventory. Being built in 1983 (19 years older than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.85 for the typical comp. The active market in 78645 includes 3 comparable homes priced from $695,000 to $1,250,000. Market data shows 78645 prices fallen 5.6% over the last half year. The closest comparable sale, 13201 N Ridge CIR, Leander TX 78641 at an adjusted $524,505, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78645. 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