4505 Hank Ave # B, Austin TX 78745

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $541,098. I'd recommend coming to market at $169,000 to $179,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in FOREST OAKS, this price positions the property as the most expensive of 7 comparable homes on the market. The smaller floor plan (602 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2012, this home is 20 years newer than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in FOREST OAKS, creating a balanced market for this price range. The trend in FOREST OAKS shows prices have risen 2.8% in the past 6 months. 908 Redd ST, Austin TX 78745 nearby adjusts to $482,478; a strong comparable. With 7 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