The estimated value of this property is $857,560, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $919,000 and $970,000. With 6 comparable homes on the market in GREENWOOD FOREST, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. At 243 sqft larger than the typical comp, the size difference factors into the valuation. 6 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 fallen 47.2% since 6 months ago. The most comparable recent sale is 4604 Englewood DR, Austin TX 78745, with an adjusted value of $848,390; a strong comparable. 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
