9400 Sherbrooke ST, Austin TX 78729

After reviewing 7 recent transactions in FOREST NORTH ESTATES, I estimate this property's value at $467,304. A competitive list price for this home right now would fall in the $310,000 to $320,000 range. This would position the home competitively among 6 active listings in FOREST NORTH ESTATES. At 130 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.36 acres versus the area average of 0.32) contributes to the valuation. With 6 similar homes currently listed in FOREST NORTH ESTATES (a seller's market), competition is a factor to consider. Prices in FOREST NORTH ESTATES have fallen 10.4% over the last 6 months. A similar home at 13215 Woodthorpe ST, Austin TX 78729 carries an adjusted comparable value of $425,731, providing a strong data point. With 7 comparable sales in FOREST NORTH ESTATES, 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