7505 Forest Wood RD, Austin TX 78745

The comparable sales data (7 recent transactions in ELMWOOD ESTATES) supports an estimated value of $418,271. The data suggests a list price between $312,000 and $322,000 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. The 170 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1960 (28 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in ELMWOOD ESTATES; a buyer's market based on recent absorption. Prices in 78745 have fallen 2.3% over the last 6 months. A similar home at 7310 Forest Wood RD, Austin TX 78745 carries an adjusted comparable value of $513,458, providing a strong data point. 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