4609 Richmond Ave, Austin TX 78745

7 recent sales within a few blocks of this address suggest a current value of $489,883. My recommended list price range for this property would be $343,000 to $353,000. In the current FOREST OAKS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The 778 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1953, this home is 41 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in FOREST OAKS; a buyer's market based on recent absorption. In FOREST OAKS, home values have fallen approximately 1.3% over the past 6 months. One of the strongest data points is 908 Redd ST, Austin TX 78745, adjusting to $444,159; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group