5108 Lansing DR, Austin TX 78745

The comparable sales data (7 recent transactions in EMERALD FOREST) supports an estimated value of $324,658. The data suggests a list price between $271,000 and $281,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in EMERALD FOREST's current inventory. Being 162 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.15 acres versus 0.19 for the typical comp. Current inventory shows 3 comparable homes in EMERALD FOREST; a buyer's market based on recent absorption. Prices in EMERALD FOREST have fallen 6.1% over the last 6 months. A similar home at 4816 Aberdeen DR, Austin TX 78745 carries an adjusted comparable value of $275,999, providing a strong data point. The strength of this estimate comes from 7 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