901 Nalide ST, Austin TX 78745

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $501,695. I'd recommend coming to market at $167,000 to $177,000 to strike the right balance between value and market velocity. Against 7 similar active listings in FOREST OAKS, this price point lands at the most expensive of 7 comparable homes on the market. The 899 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1954, this home is 40 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in FOREST OAKS (a buyer's market), competition is a factor to consider. The trend in FOREST OAKS shows prices have fallen 1.3% in the past 6 months. 908 Redd ST, Austin TX 78745 nearby adjusts to $439,924; a strong comparable. Based on 7 relevant data points in FOREST OAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX