800 Emerald Wood DR, Austin TX 78745

The market data from 3 similar recent sales in EMERALD FOREST points to a value of approximately $329,782. To sell within a reasonable timeframe at fair market value, the $283,000 to $293,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in EMERALD FOREST. The smaller floor plan (122 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.26 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. With 7 similar homes currently listed in EMERALD FOREST (a buyer's market), competition is a factor to consider. In EMERALD FOREST, home values have fallen approximately 48.7% over the past 6 months. One of the strongest data points is 4816 Aberdeen DR, Austin TX 78745, adjusting to $277,442; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group