2417 Wilson ST # A, Austin TX 78704

Based on 3 closed sales in FOREST WOOD, the data points to a value around $602,093 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $509,000 to $519,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in FOREST WOOD's current inventory. Lot size matters here: 0.23 acres versus 0.17 for the typical comp. Current inventory shows 7 comparable homes in FOREST WOOD; a buyer's market based on recent absorption. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 3114 S Congress Ave # 310, Austin TX 78704 at an adjusted $408,785, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in FOREST WOOD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group