7708 Forest Wood RD, Austin TX 78745

The comparable sales data (7 recent transactions in ELMWOOD ESTATES) supports an estimated value of $366,946. The data suggests a list price between $297,000 and $307,000 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. Being built in 1955 (33 years older than comps) is factored into the value estimate. Lot size matters here: 0.57 acres versus 0.35 for the typical comp. There are currently 7 similar homes on the market in ELMWOOD ESTATES, ranging from $295,000 to $695,000. Prices in 78745 have fallen 3.1% over the last 6 months. A similar home at 7505 Forest Wood RD, Austin TX 78745 carries an adjusted comparable value of $471,177, providing a strong data point. 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