2402 Forest Ave, Austin TX 78704

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $468,588. Pricing this home between $803,000 and $810,000 would put it in the competitive sweet spot for LA PRELLE PLACE EXT. This pricing would rank the home as the most affordable of 5 comparable homes on the market in LA PRELLE PLACE EXT's current inventory. This home's smaller footprint (160 sqft vs the comp average) plays a role in how the market prices it. With 5 similar homes currently listed in LA PRELLE PLACE EXT (a buyer's market), competition is a factor to consider. Market data shows 78704 prices fallen 2.3% over the last half year. The closest comparable sale, 2503 S 4th ST, Austin TX 78704 at an adjusted $449,269, is a strong comparable. With 4 comparable sales in LA PRELLE PLACE EXT, 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