1606 Redd ST # B, Austin TX 78745

The market data from 7 similar recent sales in FORD PLACE #2 points to a value of approximately $400,038. To sell within a reasonable timeframe at fair market value, the $482,000 to $494,000 range is where I'd position this. In the current FORD PLACE #2 market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. Current inventory shows 3 comparable homes in FORD PLACE #2; a buyer's market based on recent absorption. In 78745, home values have fallen approximately 1.3% over the past 6 months. One of the strongest data points is 4614 Englewood DR # 2, Austin TX 78745, adjusting to $463,099; a strong comparable. 7 comparable transactions in FORD PLACE #2 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