5001 Aberdeen DR, Austin TX 78745

Based on 4 closed sales in EMERALD FOREST, the data points to a value around $279,248 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $323,000 to $324,000. This would position the home competitively among 7 active listings in EMERALD FOREST. Being 233 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.00 acres versus 0.23 for the typical comp. Current inventory shows 7 comparable homes in EMERALD FOREST; a buyer's market based on recent absorption. Market data shows EMERALD FOREST prices fallen 24.2% over the last half year. The closest comparable sale, 4816 Aberdeen DR, Austin TX 78745 at an adjusted $231,391, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in EMERALD 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