4501 Russell DR, Austin TX 78745

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $458,947. Pricing this home between $325,000 and $335,000 would put it in the competitive sweet spot for FORD PLACE. Buyers shopping in FORD PLACE right now would see this as a well positioned option among 4 comparable homes. At 6 years older than typical comps, the 1951 build date influences the valuation. The larger lot (0.27 acres versus the area average of 0.23) contributes to the valuation. Current inventory shows 4 comparable homes in FORD PLACE; based on recent absorption. The closest comparable sale, 4509 Merle DR, Austin TX 78745 at an adjusted $562,496, is with a smaller floor plan. The comp data here (7 sales in FORD PLACE) 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