3209 French PL, Austin TX 78722

After reviewing 7 recent transactions in FOREST HILLS, I estimate this property's value at $572,730. A competitive list price for this home right now would fall in the $337,000 to $347,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in FOREST HILLS's current inventory. At 6 years older than typical comps, the 1941 build date influences the valuation. The larger lot (0.20 acres versus the area average of 0.16) contributes to the valuation. Right now, 7 similar properties are competing for buyers in FOREST HILLS, listed between $300,000 and $650,000. Prices in FOREST HILLS have fallen 38.5% over the last 6 months. A similar home at 2906 French PL, Austin TX 78722 carries an adjusted comparable value of $692,315, providing a strong data point. The comp data here (7 sales in FOREST HILLS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus