2300 Allred DR, Austin TX 78748

The estimated value of this property is $305,215, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $257,000 and $267,000. With 3 comparable homes on the market in FORD OAKS, this price positions the property as the most expensive of 3 comparable homes on the market. The smaller floor plan (199 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2005, this home is 16 years newer than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in FORD OAKS, creating a buyer's market for this price range. Recent trends in 78748 show home values have fallen 4.4% since 6 months ago. The most comparable recent sale is 2706 Holly Springs CT, Austin TX 78748, with an adjusted value of $348,872; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group