15101 Stave Oak LN, Austin TX 78724

The market data from 4 similar recent sales in FOREST BLUFF points to a value of approximately $223,680. To sell within a reasonable timeframe at fair market value, the $217,000 to $230,000 range is where I'd position this. Against 4 similar active listings in FOREST BLUFF, this price point lands at the most affordable of 4 comparable homes on the market. The 159 sqft size difference versus comparable sales is reflected in the adjusted values. The 2003 construction puts this home 6 years older than the comp average, a factor in the pricing. There are currently 4 similar homes on the market in FOREST BLUFF, ranging from $259,000 to $289,000. In FOREST BLUFF, home values have fallen approximately 5.6% over the past 6 months. One of the strongest data points is 6317 Diamondleaf BND, Austin TX 78724, adjusting to $227,496; a strong comparable. 4 comparable transactions in FOREST BLUFF support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group