906 Nalide, Austin TX 78745

After reviewing 7 recent transactions in FOREST OAKS, I estimate this property's value at $476,446. A competitive list price for this home right now would fall in the $174,000 to $184,000 range. This pricing would rank the home as the most expensive of 7 comparable homes on the market in FOREST OAKS's current inventory. This home's smaller footprint (737 sqft vs the comp average) plays a role in how the market prices it. At 39 years older than typical comps, the 1954 build date influences the valuation. With 7 similar homes currently listed in FOREST OAKS (a balanced market), competition is a factor to consider. Prices in FOREST OAKS have risen 2.8% over the last 6 months. A similar home at 908 Redd ST, Austin TX 78745 carries an adjusted comparable value of $417,955, providing a strong data point. With 7 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