7210 Elm Forest RD, Austin TX 78745

Based on 7 closed sales in ELMWOOD ESTATES, the data points to a value around $515,447 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $397,000 to $407,000. Relative to what's currently available in ELMWOOD ESTATES, this home would be the most expensive of 7 comparable homes on the market. Being 103 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1959 (37 years older than comps) is factored into the value estimate. 7 similar homes are currently available in ELMWOOD ESTATES, creating a buyer's market for this price range. Market data shows 78745 prices risen 2.2% over the last half year. The closest comparable sale, 7505 Forest Wood RD, Austin TX 78745 at an adjusted $597,188, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus