2412 Forest Ave, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $505,851. For a well positioned listing in 78704, I'd target the $661,000 to $669,000 range. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in 78704. At 0.00 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 78704, ranging from $460,000 to $755,000. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 900 Herndon LN, Austin TX 78704, with an adjusted value of $494,123; a strong comparable. 4 comparable transactions in 78704 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group