709 Ridge View DR, Leander TX 78641

Based on 7 closed sales in OAK RIDGE, the data points to a value around $447,996 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $382,000 to $392,000. Relative to what's currently available in OAK RIDGE, this home would be the most expensive of 7 comparable homes on the market. The 375 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.17 acres versus 0.20 for the typical comp. With 7 similar homes currently listed in OAK RIDGE (a seller's market), competition is a factor to consider. Market data shows OAK RIDGE prices fallen 1.7% over the last half year. The closest comparable sale, 703 Ridge View DR, Leander TX 78641 at an adjusted $494,396, is a strong comparable. The strength of this estimate comes from 7 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