16310 Forest Way # 1, Austin TX 78734

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $668,656. I'd recommend coming to market at $443,000 to $453,000 to strike the right balance between value and market velocity. Among the similar homes currently available in FOREST WAY, this price point stands out as competitive. Built in 2020, this home is 11 years newer than the average comp, which is reflected in the adjustments. The 0.32 acre lot (larger than the 0.27 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in FOREST WAY, ranging from $419,000 to $999,999. The trend in 78734 shows prices have fallen 8.9% in the past 6 months. 5710 Longhorn LNDG, Austin TX 78734 nearby adjusts to $762,976; a strong comparable. Based on 7 relevant data points in FOREST WAY, 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