12706 Sherbourne ST, Austin TX 78729

My analysis of 7 comparable properties puts this home's estimated value at $503,491. Based on how the local market is moving, a list price between $526,000 and $564,000 would position this home well. Relative to what's currently available in FOREST NORTH ESTATES, this home would be the most affordable of 3 comparable homes on the market. At 137 sqft larger than the typical comp, the size difference factors into the valuation. Having a pool is a plus; 7 of the 7 comps lacked one. Current inventory shows 3 comparable homes in FOREST NORTH ESTATES; a balanced market based on recent absorption. The 6 month price trend in FOREST NORTH ESTATES: fallen 14.6%. The best comp here is 9201 Norchester CT, Austin TX 78729 at an adjusted value of $507,177, with a larger floor plan and no pool. The comp data here (7 sales in FOREST NORTH ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus