5309 Forader LN, Austin TX 78723

Based on 7 closed sales in PARK EAST, the data points to a value around $544,748 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $582,000 to $601,000. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in PARK EAST's current inventory. This home's larger footprint (274 sqft vs the comp average) plays a role in how the market prices it. Being built in 2023 (18 years newer than comps) is factored into the value estimate. There are currently 7 similar homes on the market in PARK EAST, ranging from $429,900 to $799,000. Market data shows 78723 prices risen 0.3% over the last half year. The closest comparable sale, 4821 Star Jasmine DR # 141, Austin TX 78723 at an adjusted $523,195, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus