4701 Gillis ST, Austin TX 78745

Based on 7 closed sales in GREENWOOD FOREST, the data points to a value around $465,979 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $361,000 to $371,000. Buyers shopping in GREENWOOD FOREST right now would see this as a well positioned option among 7 comparable homes. Being built in 2013 (33 years newer than comps) is factored into the value estimate. Lot size matters here: 0.26 acres versus 0.16 for the typical comp. Current inventory shows 7 comparable homes in GREENWOOD FOREST; a buyer's market based on recent absorption. Market data shows GREENWOOD FOREST prices risen 1.8% over the last half year. The closest comparable sale, 4614 Englewood DR # 2, Austin TX 78745 at an adjusted $499,695, is a strong comparable. The strength of this estimate comes from 7 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