4605 Lennox DR, Austin TX 78745

After reviewing 5 recent transactions in GREENWOOD FOREST, I estimate this property's value at $395,574. A competitive list price for this home right now would fall in the $428,000 to $438,000 range. Buyers shopping in GREENWOOD FOREST right now would see this as a well positioned option among 4 comparable homes. The larger lot (0.26 acres versus the area average of 0.22) contributes to the valuation. Current inventory shows 4 comparable homes in GREENWOOD FOREST; a buyer's market based on recent absorption. Prices in GREENWOOD FOREST have fallen 47.2% over the last 6 months. A similar home at 4617 Richmond Ave, Austin TX 78745 carries an adjusted comparable value of $438,453, providing a strong data point. With 5 comparable sales in GREENWOOD FOREST, 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