7710 Forest Wood RD, Austin TX 78745

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $381,330. I'd recommend coming to market at $311,000 to $321,000 to strike the right balance between value and market velocity. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in ELMWOOD ESTATES. At 272 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1965, this home is 18 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in ELMWOOD ESTATES, creating a buyer's market for this price range. The trend in 78745 shows prices have fallen 3.4% in the past 6 months. 7505 Forest Wood RD, Austin TX 78745 nearby adjusts to $444,252; with a larger 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