711 Emerald Wood DR, Austin TX 78745

Based on 5 closed sales in EMERALD FOREST, the data points to a value around $316,710 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $398,000 to $401,000. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in EMERALD FOREST's current inventory. This home's smaller footprint (183 sqft vs the comp average) plays a role in how the market prices it. With 7 similar homes currently listed in EMERALD FOREST (a balanced market), competition is a factor to consider. Market data shows EMERALD FOREST prices fallen 48.5% over the last half year. The closest comparable sale, 4816 Aberdeen DR, Austin TX 78745 at an adjusted $270,032, is a strong comparable. The strength of this estimate comes from 5 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