5106 Emerald Forest DR, Austin TX 78745

After reviewing 3 recent transactions in EMERALD FOREST, I estimate this property's value at $338,901. A competitive list price for this home right now would fall in the $277,000 to $287,000 range. This would position the home competitively among 7 active listings in EMERALD FOREST. Being 163 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (0.36 acres versus the area average of 0.21) contributes to the valuation. The active market in EMERALD FOREST includes 7 comparable homes priced from $265,000 to $615,000. Prices in EMERALD FOREST have fallen 48.7% over the last 6 months. A similar home at 4816 Aberdeen DR, Austin TX 78745 carries an adjusted comparable value of $284,840, providing a strong data point. The comp data here (3 sales in EMERALD 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