1601 Forest TRL, Austin TX 78703

The estimated value of this property is $2,210,821, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $2,998,000 and $3,002,000. With 7 comparable homes on the market in 78703, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Being 129 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a standout feature, with 4 of 7 comparable homes not offering one. With 7 similar homes currently listed in 78703 (a buyer's market), competition is a factor to consider. Recent trends in 78703 show home values have fallen 9.3% since 6 months ago. The most comparable recent sale is 2200 W 9th ST, Austin TX 78703, with an adjusted value of $3,087,960; with no pool. Based on 7 relevant data points in 78703, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX