2308 Forest Ave, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,472,912. To generate strong buyer interest while maximizing value, I'd price this between $885,000 and $895,000. Among the similar homes currently available in LA PRELLE PLACE, this price point stands out as competitive. This home's larger footprint (623 sqft vs the comp average) plays a role in how the market prices it. The 1946 construction puts this home 52 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in LA PRELLE PLACE, ranging from $799,900 to $3,499,000. The trend in 78704 shows prices have fallen 3.3% in the past 6 months. 2204 Lindell Ave, Austin TX 78704 nearby adjusts to $1,318,462; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group