Based on 6 closed sales in LAKE OAK ESTATES, the data points to a value around $488,189 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $478,000 to $498,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in LAKE OAK ESTATES's current inventory. The larger floor plan (151 sqft compared to the average comp) is a meaningful differentiator in this price range. There are currently 3 similar homes on the market in LAKE OAK ESTATES, ranging from $425,000 to $499,000. Market data shows 78734 prices risen 10.3% over the last half year. The closest comparable sale, 14902 Longbranch DR, Austin TX 78734 at an adjusted $479,341, is a strong comparable. This estimate draws on 6 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus
