4507 Gillis ST, Austin TX 78745

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $434,750. I'd recommend coming to market at $349,000 to $359,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in FOREST OAKS, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. Current inventory shows 4 comparable homes in FOREST OAKS; a buyer's market based on recent absorption. The trend in FOREST OAKS shows prices have fallen 7.5% in the past 6 months. 4608 Banister LN, Austin TX 78745 nearby adjusts to $451,729; with a smaller floor plan. With 3 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