15004 Stave Oak LN, Austin TX 78724

Based on 5 closed sales in FOREST BLUFF, the data points to a value around $206,441 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $229,000 to $235,000. Buyers shopping in FOREST BLUFF right now would see this as a well positioned option among 2 comparable homes. Being 191 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 2003 (10 years older than comps) is factored into the value estimate. Current inventory shows 2 comparable homes in FOREST BLUFF; a buyer's market based on recent absorption. Market data shows FOREST BLUFF prices fallen 5.6% over the last half year. The closest comparable sale, 6317 Diamondleaf BND, Austin TX 78724 at an adjusted $208,504, is with a larger floor plan. The strength of this estimate comes from 5 directly comparable sales in FOREST BLUFF. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group