7602 Elm Forest RD, Austin TX 78745

Taking into account 7 nearby comparable sales, this property's estimated value comes to $510,610. If we were to list this property today, I'd recommend a list price in the $540,000 to $542,000 range. Buyers shopping in ELMWOOD ESTATES right now would see this as a well positioned option among 7 comparable homes. Being built in 1960 (43 years older than comps) is factored into the value estimate. Lot size matters here: 0.51 acres versus 0.31 for the typical comp. The active market in ELMWOOD ESTATES includes 7 comparable homes priced from $474,990 to $899,000. The 6 month price trend in 78745: fallen 5.8%. The best comp here is 7505 Forest Wood RD, Austin TX 78745 at an adjusted value of $576,797, with a smaller floor plan. The strength of this estimate comes from 7 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