5616 Emerald Forest DR # 118, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $300,452. For a well positioned listing in CANTERBURY COMMONS CONDO, I'd target the $186,000 to $196,000 range. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in CANTERBURY COMMONS CONDO. The 1982 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 0.04 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in CANTERBURY COMMONS CONDO; a buyer's market based on recent absorption. Recent trends in 78745 show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 5616 Emerald Forest DR # 101, Austin TX 78745, with an adjusted value of $165,976; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group