800 Birch Brook LN, Leander TX 78641

The market data from 7 similar recent sales in OAK RIDGE points to a value of approximately $306,000. To sell within a reasonable timeframe at fair market value, the $324,000 to $336,000 range is where I'd position this. With 3 comparable homes on the market in OAK RIDGE, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (662 sqft vs the comp average) plays a role in how the market prices it. The 1986 construction puts this home 8 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in OAK RIDGE; a balanced market based on recent absorption. In OAK RIDGE, home values have fallen approximately 10.8% over the past 6 months. One of the strongest data points is 714 River CRST, Leander TX 78641, adjusting to $285,050; a strong comparable. 7 comparable transactions in OAK RIDGE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group