5509 Catsby CT, Austin TX 78724

My analysis of 5 comparable properties puts this home's estimated value at $323,212. Based on how the local market is moving, a list price between $213,000 and $223,000 would position this home well. This would position the home competitively among 7 active listings in FOREST BLUFF. At 6 years older than typical comps, the 2004 build date influences the valuation. The larger lot (0.28 acres versus the area average of 0.20) contributes to the valuation. With 7 similar homes currently listed in FOREST BLUFF (a buyer's market), competition is a factor to consider. The 6 month price trend in FOREST BLUFF: fallen 5.6%. The best comp here is 15305 Lucian ST, Austin TX 78725 at an adjusted value of $308,925, a strong comparable. With 5 comparable sales in FOREST BLUFF, 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