905 Hill Wood DR, Austin TX 78745

The market data from 3 similar recent sales in EMERALD FOREST points to a value of approximately $299,500. To sell within a reasonable timeframe at fair market value, the $357,000 to $360,000 range is where I'd position this. Against 7 similar active listings in EMERALD FOREST, this price point lands at the most affordable of 7 comparable homes on the market. The smaller floor plan (222 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.16 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. Buyers in EMERALD FOREST have 7 comparable options right now, with asking prices between $305,000 and $427,500. In EMERALD FOREST, home values have fallen approximately 48.5% over the past 6 months. One of the strongest data points is 4816 Aberdeen DR, Austin TX 78745, adjusting to $248,490; with a larger floor plan. 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