9405 Meadowheath DR, Austin TX 78729

After reviewing 7 recent transactions in FOREST NORTH ESTATES, I estimate this property's value at $515,020. A competitive list price for this home right now would fall in the $560,000 to $584,000 range. This home's position in the current FOREST NORTH ESTATES market: the 3rd most expensive of 5 comparable homes on the market among comparable properties. The 156 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.31 acres versus the area average of 0.35) contributes to the valuation. 5 similar homes are currently available in FOREST NORTH ESTATES, creating a seller's market for this price range. Prices in FOREST NORTH ESTATES have fallen 10.4% over the last 6 months. A similar home at 13203 Stillforest ST, Austin TX 78729 carries an adjusted comparable value of $448,346, 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