4605 Hank Ave, Austin TX 78745

Based on 7 closed sales in FOREST OAKS, the data points to a value around $590,141 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $314,000 to $324,000. This home's position in the current FOREST OAKS market: the 0th most expensive of 3 comparable homes on the market among comparable properties. This home's smaller footprint (474 sqft vs the comp average) plays a role in how the market prices it. Being built in 1952 (52 years older than comps) is factored into the value estimate. Right now, 3 similar properties are competing for buyers in FOREST OAKS, listed between $330,000 and $550,000. Market data shows FOREST OAKS prices risen 2.8% over the last half year. The closest comparable sale, 4608 Banister LN, Austin TX 78745 at an adjusted $496,372, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in FOREST OAKS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group