15105 Sabal Palm RD, Austin TX 78724

The market data from 6 similar recent sales in FOREST BLUFF points to a value of approximately $265,720. To sell within a reasonable timeframe at fair market value, the $318,000 to $319,000 range is where I'd position this. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in FOREST BLUFF. The smaller floor plan (170 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2006 construction puts this home 7 years older than the comp average, a factor in the pricing. The active market in FOREST BLUFF includes 5 comparable homes priced from $275,000 to $329,000. In FOREST BLUFF, home values have fallen approximately 2% over the past 6 months. One of the strongest data points is 14903 Mossycup LN, Austin TX 78724, adjusting to $290,754; a strong comparable. 6 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