2403 FOREST Ave, Austin TX 78704

The comparable sales data (4 recent transactions in 78704) supports an estimated value of $437,140. The data suggests a list price between $826,000 and $844,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in 78704, this home would be the most affordable of 6 comparable homes on the market. Being 165 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.00 acres versus 0.17 for the typical comp. Current inventory shows 6 comparable homes in 78704; a buyer's market based on recent absorption. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 2503 S 4th ST, Austin TX 78704 carries an adjusted comparable value of $419,983, providing a strong data point. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus