16810 Forest CV, Austin TX 78734

Based on 7 closed sales in 78734, the data points to a value around $693,466 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $975,000 to $1,011,000. This home's position in the current 78734 market: the most affordable of 7 comparable homes on the market among comparable properties. The larger floor plan (458 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1984 (16 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in 78734, listed between $765,000 and $1,395,000. Market data shows 78734 prices fallen 10.4% over the last half year. The closest comparable sale, 2909 Lawrence DR, Austin TX 78734 at an adjusted $589,070, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78734. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group