2509 Wilson ST, Austin TX 78704

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $551,998. I'd recommend coming to market at $478,000 to $488,000 to strike the right balance between value and market velocity. Among the similar homes currently available in FOREST WOOD, this price point stands out as competitive. The smaller floor plan (168 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1962, this home is 9 years newer than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in FOREST WOOD, listed between $475,777 and $635,000. The trend in 78704 shows prices have fallen 1.2% in the past 6 months. 2503 S 4th ST, Austin TX 78704 nearby adjusts to $493,245; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group