7201 Elm Forest RD, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $533,924. For a well positioned listing in ELMWOOD ESTATES, I'd target the $397,000 to $407,000 range. Among the similar homes currently available in ELMWOOD ESTATES, this price point stands out as competitive. This home's larger footprint (125 sqft vs the comp average) plays a role in how the market prices it. The 1959 construction puts this home 21 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in ELMWOOD ESTATES, ranging from $359,900 to $899,000. Recent trends in 78745 show home values have risen 1.3% since 6 months ago. The most comparable recent sale is 7505 Forest Wood RD, Austin TX 78745, with an adjusted value of $618,243; with a smaller floor plan. 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