903 Hill Wood DR, Austin TX 78745

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $309,177. Pricing this home between $498,000 and $506,000 would put it in the competitive sweet spot for EMERALD FOREST. This would position the home competitively among 7 active listings in EMERALD FOREST. The smaller floor plan (171 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.16 acres versus the area average of 0.21) contributes to the valuation. Current inventory shows 7 comparable homes in EMERALD FOREST; a balanced market based on recent absorption. Market data shows EMERALD FOREST prices fallen 48.5% over the last half year. The closest comparable sale, 4816 Aberdeen DR, Austin TX 78745 at an adjusted $258,044, is with a larger floor plan. The comp data here (3 sales in EMERALD FOREST) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus