1506 Forest TRL # 104, Austin TX 78703

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $358,726. I'd recommend coming to market at $384,000 to $390,000 to strike the right balance between value and market velocity. In the current FOREST OAKS CONDO market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. Current inventory shows 5 comparable homes in FOREST OAKS CONDO; a buyer's market based on recent absorption. The trend in 78703 shows prices have fallen 9.8% in the past 6 months. 2500 Enfield RD # 2, Austin TX 78703 nearby adjusts to $383,966; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group