710 Spring Hollow DR, Leander TX 78641

After reviewing 7 recent transactions in OAK RIDGE, I estimate this property's value at $360,214. A competitive list price for this home right now would fall in the $395,000 to $397,000 range. This home's position in the current OAK RIDGE market: the most affordable of 3 comparable homes on the market among comparable properties. At 6 years older than typical comps, the 1987 build date influences the valuation. The smaller lot (0.17 acres versus the area average of 0.21) contributes to the valuation. Current inventory shows 3 comparable homes in OAK RIDGE; a balanced market based on recent absorption. Prices in OAK RIDGE have fallen 2.8% over the last 6 months. A similar home at 612 Thrush DR, Leander TX 78641 carries an adjusted comparable value of $352,032, 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