2317 Forsam BND, Austin TX 78725

My analysis of 7 comparable properties puts this home's estimated value at $549,518. Based on how the local market is moving, a list price between $639,000 and $648,000 would position this home well. This pricing would rank the home as the most affordable of 5 comparable homes on the market in KNOLLWOOD's current inventory. The smaller lot (0.00 acres versus the area average of 0.16) contributes to the valuation. Current inventory shows 5 comparable homes in KNOLLWOOD; a buyer's market based on recent absorption. The 6 month price trend in 78725: fallen 9.6%. The best comp here is 2516 Alleyton CV, Austin TX 78725 at an adjusted value of $486,292, a strong comparable. With 7 comparable sales in KNOLLWOOD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group