7307 Elm Forest RD, Austin TX 78745

Off Market

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Ed's Opinion of Value

$374,716 Ed's Estimate: $524,041 $939,082

Lowest Comp Recommended List: $394,000 to $404,000 Highest Comp

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $524,041. I'd recommend coming to market at $394,000 to $404,000 to strike the right balance between value and market velocity. Among the similar homes currently available in ELMWOOD ESTATES, this price point stands out as competitive. At 194 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1959, this home is 28 years older than the average comp, which is reflected in the adjustments. Buyers in ELMWOOD ESTATES have 7 comparable options right now, with asking prices between $414,999 and $899,000. The trend in 78745 shows prices have risen 0% in the past 6 months. 7505 Forest Wood RD, Austin TX 78745 nearby adjusts to $598,507; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

78745 Market Trends

$470,000 Median Sold Price

$317/sqft Median $/SqFt ▼ 0.8% 6mo

66 days Avg Days on Market 8 days slower

268 homes Active Inventory 5.4 mo supply

96.8% Sale-to-List Ratio

297 Sales (6 months)

Recently Sold Comparables

$598,507 adjusted 7505 Forest Wood RD, Austin TX 78745 3bd / 2.0ba • 1,540 sqft • 0.1 mi Sold 2 months ago

$577,905 adjusted 7310 Forest Wood RD, Austin TX 78745 3bd / 2.0ba • 1,508 sqft • 0.1 mi Sold 1 months ago

$407,811 adjusted 8117 Almondsbury LN, Austin TX 78748 3bd / 3.0ba • 1,834 sqft • 0.7 mi Sold 3 months ago

$939,082 adjusted 7306 Cooper LN, Austin TX 78745 3bd / 3.0ba • 1,700 sqft • 0.3 mi Sold 7 months ago

$374,716 adjusted 9932 Wading Pool PATH, Austin TX 78748 3bd / 3.0ba • 1,975 sqft • 2 mi Sold 27 days ago

Currently on Market

$899,000 8904 Chisholm LN, Austin TX 78748 3bd / 3.0ba • 2,144 sqft • 1.1 mi 143 days on market

$425,000 1005 Totis RD, Austin TX 78748 3bd / 3.0ba • 1,967 sqft • 1.7 mi 6 days on market

$475,000 1324 Tillerfield, Austin TX 78748 3bd / 3.0ba • 1,919 sqft • 2 mi 8 days on market

3 Beds

3 Baths 2 Full, 1 Half

1,980 Sq Ft

1.022 Acres

1959 Built

About This Property

Owner/Agents much loved home in sought after neighborhood remodeled in 2004, taken to the framing. All new windows, cedar siding, travertine baths, electrical, plumbing, HVAC. Only wood & stone floors. Granite/stainless in gourmet kitchen with walnut/white oak cabinets and slate floor. Large 2nd living with separate entrance, 1/2 bath, office, with bamboo floors used as a yoga studio. Over an acre of pecan and fruit trees with raised organic beds, green house, and large work shop.Restrictions: Yes

Features

Bookcases
Breakfast Bar
Beamed Ceilings
Cathedral Ceiling(s)
High Ceilings
Vaulted Ceiling(s)
Multiple Living Areas
Primary Bedroom on Main
Recessed Lighting
Wired for Sound

Location

Map loading...

Schools

School District Austin ISD

Elementary Casey

Middle School Bedichek

High School Akins

Property Details

Property Type Residential

Flooring Bamboo, No Carpet, Slate, Wood

Cooling Central Air

Heating Central, Natural Gas

Exterior Exterior Steps, Gutters Full, Private Yard, RV Hookup

County Travis

MLS # 5772372

Tax Information

Annual Taxes (MLS) $4,741 (2013)

Listing History

MLS# 5772372 77 days

Jun 11, 2014	Off Market
Apr 28, 2014	Pending
Apr 11, 2014	Price Change	$399,000
Jan 20, 2014	Listed	$399,900

Frequently Asked Questions About 7307 Elm Forest RD, Austin TX 78745

When was 7307 Elm Forest RD, Austin TX 78745 built?

7307 Elm Forest RD, Austin TX 78745 was built in 1959.

How much does 7307 Elm Forest RD, Austin TX 78745 cost?

7307 Elm Forest RD, Austin TX 78745 sold on June 11, 2014. Contact us for sale price details.

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