The comparable sales data (7 recent transactions in FOREST NORTH ESTATES) supports an estimated value of $492,991. The data suggests a list price between $334,000 and $344,000 would attract qualified buyers without leaving money on the table. Buyers shopping in FOREST NORTH ESTATES right now would see this as a well positioned option among 6 comparable homes. Being built in 1984 (7 years newer than comps) is factored into the value estimate. The active market in FOREST NORTH ESTATES includes 6 comparable homes priced from $325,000 to $550,000. Prices in FOREST NORTH ESTATES have fallen 10.4% over the last 6 months. A similar home at 13505 Broadmeade Ave, Austin TX 78729 carries an adjusted comparable value of $403,019, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus