1507 Redd ST, Austin TX 78745

My analysis of 4 comparable properties puts this home's estimated value at $401,205. Based on how the local market is moving, a list price between $410,000 and $413,000 would position this home well. This would position the home competitively among 3 active listings in FORD PLACE. The 127 sqft size difference versus comparable sales is reflected in the adjusted values. At 9 years older than typical comps, the 1949 build date influences the valuation. Current inventory shows 3 comparable homes in FORD PLACE; a seller's market based on recent absorption. The 6 month price trend in FORD PLACE: fallen 47.9%. The best comp here is 4601 Parkdale PL, Austin TX 78745 at an adjusted value of $460,656, a strong comparable. The comp data here (4 sales in FORD PLACE) 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