The estimated value of this property is $897,286, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,151,000 and $1,184,000. With 4 comparable homes on the market in GREENWOOD FOREST, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. At 151 sqft larger than the typical comp, the size difference factors into the valuation. 4 similar homes are currently available in GREENWOOD FOREST, creating a buyer's market for this price range. Recent trends in GREENWOOD FOREST show home values have risen 20.4% since 6 months ago. The most comparable recent sale is 802 Philco DR # 1, Austin TX 78745, with an adjusted value of $743,425; with a smaller floor plan. Based on 7 relevant data points in GREENWOOD FOREST, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
