2426 Euclid Ave, Austin TX 78704

After reviewing 7 recent transactions in FOREST WOOD, I estimate this property's value at $994,894. A competitive list price for this home right now would fall in the $1,215,000 to $1,281,000 range. Relative to what's currently available in FOREST WOOD, this home would be the most affordable of 3 comparable homes on the market. At 8 years older than typical comps, the 2007 build date influences the valuation. The larger lot (0.19 acres versus the area average of 0.14) contributes to the valuation. Current inventory shows 3 comparable homes in FOREST WOOD; a buyer's market based on recent absorption. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 2402 S 3rd ST # A, Austin TX 78704 carries an adjusted comparable value of $1,161,602, providing a strong data point. With 7 comparable sales in FOREST WOOD, 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