Based on 7 closed sales in GREENWOOD FOREST, the data points to a value around $525,591 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $341,000 to $351,000. Buyers shopping in GREENWOOD FOREST right now would see this as a well positioned option among 7 comparable homes. The smaller floor plan (166 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2022 (18 years newer than comps) is factored into the value estimate. Buyers in GREENWOOD FOREST have 7 comparable options right now, with asking prices between $325,000 and $608,000. Market data shows GREENWOOD FOREST prices risen 41.1% over the last half year. The closest comparable sale, 4614 Englewood DR # 2, Austin TX 78745 at an adjusted $498,757, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in GREENWOOD 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
