2303 Allred DR, Austin TX 78748

The market data from 7 similar recent sales in FORD OAKS points to a value of approximately $538,245. To sell within a reasonable timeframe at fair market value, the $403,000 to $413,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in FORD OAKS. At 0.33 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. With 3 similar homes currently listed in FORD OAKS (a balanced market), competition is a factor to consider. In 78748, home values have fallen approximately 4.7% over the past 6 months. One of the strongest data points is 3609 Sawmill DR, Austin TX 78749, adjusting to $600,841; a strong comparable. 7 comparable transactions in FORD OAKS 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