4607 S 2nd ST, Austin TX 78745

The market data from 6 similar recent sales in GREENWOOD FOREST points to a value of approximately $377,566. To sell within a reasonable timeframe at fair market value, the $388,000 to $445,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in GREENWOOD FOREST. The 103 sqft size difference versus comparable sales is reflected in the adjusted values. The 1959 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in GREENWOOD FOREST; a buyer's market based on recent absorption. In GREENWOOD FOREST, home values have fallen approximately 47.2% over the past 6 months. One of the strongest data points is 4617 Richmond Ave, Austin TX 78745, adjusting to $453,553; a strong comparable. 6 comparable transactions in GREENWOOD FOREST support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group