7205 FOREST WOOD RD, Austin TX 78745

The comparable sales data (3 recent transactions in ELMWOOD ESTATES) supports an estimated value of $526,701. The data suggests a list price between $431,000 and $441,000 would attract qualified buyers without leaving money on the table. Buyers shopping in ELMWOOD ESTATES right now would see this as a well positioned option among 7 comparable homes. This home's larger footprint (180 sqft vs the comp average) plays a role in how the market prices it. Being built in 1955 (5 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in ELMWOOD ESTATES, listed between $432,000 and $799,000. A similar home at 7310 Forest Wood RD, Austin TX 78745 carries an adjusted comparable value of $531,999, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in ELMWOOD ESTATES. 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