4701 Richmond Ave, Austin TX 78745

The market data from 7 similar recent sales in GREENWOOD FOREST points to a value of approximately $385,267. To sell within a reasonable timeframe at fair market value, the $464,000 to $479,000 range is where I'd position this. In the current GREENWOOD FOREST market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. This home's larger footprint (125 sqft vs the comp average) plays a role in how the market prices it. At 0.23 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. The active market in GREENWOOD FOREST includes 7 comparable homes priced from $395,800 to $650,000. In GREENWOOD FOREST, home values have fallen approximately 27.5% over the past 6 months. One of the strongest data points is 4606 S 2nd ST, Austin TX 78745, adjusting to $337,754; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group