4512 Richmond Ave, Austin TX 78745

My analysis of 4 comparable properties puts this home's estimated value at $766,092. Based on how the local market is moving, a list price between $770,000 and $844,000 would position this home well. Relative to what's currently available in FOREST OAKS, this home would be the most expensive of 3 comparable homes on the market. At 11 years older than typical comps, the 2012 build date influences the valuation. The active market in FOREST OAKS includes 3 comparable homes priced from $700,000 to $895,000. The 6 month price trend in FOREST OAKS: fallen 10.4%. The best comp here is 4606 Banister LN # A, Austin TX 78745 at an adjusted value of $743,562, with a smaller floor plan. With 4 comparable sales in FOREST OAKS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group