Taking into account 7 nearby comparable sales, this property's estimated value comes to $438,616. If we were to list this property today, I'd recommend a list price in the $302,000 to $312,000 range. Relative to what's currently available in FOREST NORTH ESTATES, this home would be the 3rd most expensive of 5 comparable homes on the market. This home's smaller footprint (106 sqft vs the comp average) plays a role in how the market prices it. There are currently 5 similar homes on the market in FOREST NORTH ESTATES, ranging from $325,000 to $529,900. The 6 month price trend in FOREST NORTH ESTATES: fallen 10.4%. The best comp here is 13210 Woodthorpe ST, Austin TX 78729 at an adjusted value of $495,286, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in FOREST NORTH ESTATES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group