806 Mountain Ridge DR, Leander TX 78641

The estimated value of this property is $320,972, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $340,000 and $341,000. With 6 comparable homes on the market in OAK RIDGE, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. At 133 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1987, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 6 comparable homes in OAK RIDGE; a balanced market based on recent absorption. Recent trends in OAK RIDGE show home values have fallen 10.7% since 6 months ago. The most comparable recent sale is 612 Thrush DR, Leander TX 78641, with an adjusted value of $341,125; with a smaller floor plan. Based on 3 relevant data points in OAK RIDGE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX