12109 Forsythe DR, Austin TX 78759

The market data from 6 similar recent sales in WALNUT CROSSING points to a value of approximately $486,683. To sell within a reasonable timeframe at fair market value, the $530,000 to $531,000 range is where I'd position this. With 7 comparable homes on the market in WALNUT CROSSING, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (127 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.25 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in WALNUT CROSSING; a seller's market based on recent absorption. In WALNUT CROSSING, home values have fallen approximately 4.1% over the past 6 months. One of the strongest data points is 12216 Scribe DR, Austin TX 78759, adjusting to $503,469; a strong comparable. 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