901 Redd ST, Austin TX 78745

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $453,455. Pricing this home between $368,000 and $378,000 would put it in the competitive sweet spot for FOREST OAKS. This home's position in the current FOREST OAKS market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 145 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.27 acres versus the area average of 0.23) contributes to the valuation. 7 similar homes are currently available in FOREST OAKS, creating a balanced market for this price range. Market data shows FOREST OAKS prices risen 2.8% over the last half year. The closest comparable sale, 4605 Hank Ave, Austin TX 78745 at an adjusted $410,582, is a strong comparable. With 3 comparable sales in FOREST OAKS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group