9200 Meadowheath DR, Austin TX 78729

The market data from 7 similar recent sales in FOREST NORTH ESTATES points to a value of approximately $569,937. To sell within a reasonable timeframe at fair market value, the $452,000 to $462,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in FOREST NORTH ESTATES. This home's larger footprint (295 sqft vs the comp average) plays a role in how the market prices it. At 0.78 acres, the lot is larger than the 0.43 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in FOREST NORTH ESTATES, listed between $420,000 and $749,000. In FOREST NORTH ESTATES, home values have fallen approximately 10.4% over the past 6 months. One of the strongest data points is 9413 Sherbrooke ST, Austin TX 78729, adjusting to $509,987; a strong comparable. 7 comparable transactions in FOREST NORTH ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group