711 Mountain Ridge DR, Leander TX 78641

The market data from 6 similar recent sales in OAK RIDGE points to a value of approximately $382,859. To sell within a reasonable timeframe at fair market value, the $325,000 to $335,000 range is where I'd position this. In the current OAK RIDGE market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. This home's smaller footprint (129 sqft vs the comp average) plays a role in how the market prices it. At 0.17 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in OAK RIDGE; a seller's market based on recent absorption. In OAK RIDGE, home values have fallen approximately 1.7% over the past 6 months. One of the strongest data points is 707 Thrush DR, Leander TX 78641, adjusting to $388,656; with a pool. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group