704 Spring Hollow DR, Leander TX 78641

Based on 3 closed sales in OAK RIDGE, the data points to a value around $313,085 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $304,000 to $322,000. Relative to what's currently available in OAK RIDGE, this home would be the 2nd least expensive of 5 comparable homes on the market. At 110 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1987 (5 years older than comps) is factored into the value estimate. Right now, 5 similar properties are competing for buyers in OAK RIDGE, listed between $300,000 and $349,900. Market data shows OAK RIDGE prices fallen 10.3% over the last half year. The closest comparable sale, 612 Thrush DR, Leander TX 78641 at an adjusted $324,185, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in OAK RIDGE. 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