After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $401,547. Pricing this home between $394,000 and $410,000 would put it in the competitive sweet spot for PARK FOREST. This home's position in the current PARK FOREST market: the most affordable of 5 comparable homes on the market among comparable properties. 5 similar homes are currently available in PARK FOREST, creating a balanced market for this price range. Market data shows PARK FOREST prices risen 13.1% over the last half year. The closest comparable sale, 1812 Forestglade DR, Austin TX 78745 at an adjusted $395,543, is a strong comparable. The comp data here (4 sales in PARK FOREST) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus