2305 Forest Ave, Austin TX 78704

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $802,569. Pricing this home between $488,000 and $498,000 would put it in the competitive sweet spot for LA PRELLE PLACE. This pricing would rank the home as the 2nd most expensive of 5 comparable homes on the market in LA PRELLE PLACE's current inventory. The larger lot (0.22 acres versus the area average of 0.18) contributes to the valuation. Right now, 5 similar properties are competing for buyers in LA PRELLE PLACE, listed between $450,000 and $1,050,000. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 2003 Kenwood Ave, Austin TX 78704 at an adjusted $983,637, is with a smaller floor plan. The comp data here (5 sales in LA PRELLE PLACE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus