5115 EMERALD FOREST DR, Austin TX 78745

After reviewing 7 recent transactions in EMERALD FOREST, I estimate this property's value at $334,409. A competitive list price for this home right now would fall in the $253,000 to $263,000 range. Buyers shopping in EMERALD FOREST right now would see this as a well positioned option among 7 comparable homes. The smaller floor plan (190 sqft compared to the average comp) is a meaningful differentiator in this price range. At 7 years newer than typical comps, the 1973 build date influences the valuation. The active market in EMERALD FOREST includes 7 comparable homes priced from $265,000 to $612,500. Prices in EMERALD FOREST have fallen 48.5% over the last 6 months. A similar home at 4816 Aberdeen DR, Austin TX 78745 carries an adjusted comparable value of $264,677, providing a strong data point. With 7 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