5107 Lansing DR, Austin TX 78745

After reviewing 4 recent transactions in EMERALD FOREST, I estimate this property's value at $378,506. A competitive list price for this home right now would fall in the $413,000 to $423,000 range. Relative to what's currently available in EMERALD FOREST, this home would be the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (103 sqft compared to the average comp) is a meaningful differentiator in this price range. 3 similar homes are currently available in EMERALD FOREST, creating a balanced market for this price range. Prices in EMERALD FOREST have fallen 48.5% over the last 6 months. A similar home at 815 Hill Wood DR, Austin TX 78745 carries an adjusted comparable value of $337,406, providing a strong data point. With 4 comparable sales in EMERALD FOREST, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group