Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $471,692. To generate strong buyer interest while maximizing value, I'd price this between $475,000 and $500,000. Among the similar homes currently available in LAKE OAK ESTATES, this price point stands out as competitive. At 116 sqft smaller than the typical comp, the size difference factors into the valuation. The 2015 construction puts this home 9 years newer than the comp average, a factor in the pricing. Buyers in LAKE OAK ESTATES have 3 comparable options right now, with asking prices between $429,000 and $525,000. The trend in 78734 shows prices have fallen 7% in the past 6 months. 15205 N Flamingo DR, Austin TX 78734 nearby adjusts to $501,418; with a larger floor plan. 6 comparable transactions in LAKE OAK ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
