4517 Hank Ave, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $821,334. For a well positioned listing in FOREST OAKS, I'd target the $1,127,000 to $1,134,000 range. With 7 comparable homes on the market in FOREST OAKS, this price positions the property as the most affordable of 7 comparable homes on the market. The 217 sqft size difference versus comparable sales is reflected in the adjusted values. The 1952 construction puts this home 51 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in FOREST OAKS, ranging from $875,000 to $1,325,000. Recent trends in FOREST OAKS show home values have fallen 2.1% since 6 months ago. The most comparable recent sale is 901 Redd ST # 1, Austin TX 78745, with an adjusted value of $836,418; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group