2904 French PL, Austin TX 78722

The market data from 7 similar recent sales in FOREST HILLS points to a value of approximately $608,536. To sell within a reasonable timeframe at fair market value, the $397,000 to $407,000 range is where I'd position this. In the current FOREST HILLS market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The 1940 construction puts this home 7 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in FOREST HILLS (a seller's market), competition is a factor to consider. In FOREST HILLS, home values have fallen approximately 38.5% over the past 6 months. One of the strongest data points is 1712 Giles ST, Austin TX 78722, adjusting to $823,244; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group