4605 Raintree BLVD, Austin TX 78745

Based on 6 closed sales in GREENWOOD FOREST, the data points to a value around $368,138 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $385,000 to $442,000. This home's position in the current GREENWOOD FOREST market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. Being 111 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1959 (5 years older than comps) is factored into the value estimate. Right now, 3 similar properties are competing for buyers in GREENWOOD FOREST, listed between $365,000 and $427,500. Market data shows GREENWOOD FOREST prices fallen 47.2% over the last half year. The closest comparable sale, 4911 Brighton RD, Austin TX 78745 at an adjusted $377,971, is with a larger floor plan. The strength of this estimate comes from 6 directly comparable sales in GREENWOOD FOREST. 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