1511 River Oak DR, Leander TX 78641

After reviewing 7 recent transactions in OAK RIDGE, I estimate this property's value at $304,806. A competitive list price for this home right now would fall in the $243,000 to $253,000 range. Buyers shopping in OAK RIDGE right now would see this as a well positioned option among 5 comparable homes. This home's smaller footprint (712 sqft vs the comp average) plays a role in how the market prices it. At 8 years older than typical comps, the 1986 build date influences the valuation. There are currently 5 similar homes on the market in OAK RIDGE, ranging from $225,000 to $364,900. Prices in OAK RIDGE have fallen 13.8% over the last 6 months. A similar home at 714 River CRST, Leander TX 78641 carries an adjusted comparable value of $280,140, providing a strong data point. With 7 comparable sales in OAK RIDGE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group