214 Forest Lake DR, Del Valle TX 78617

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $182,898. I'd recommend coming to market at $220,000 to $247,000 to strike the right balance between value and market velocity. In the current FOREST LAKES market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. This home's smaller footprint (412 sqft vs the comp average) plays a role in how the market prices it. Built in 1979, this home is 19 years older than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in FOREST LAKES, creating a buyer's market for this price range. The trend in 78617 shows prices have fallen 4.7% in the past 6 months. 144 Forest Lake DR, Del Valle TX 78617 nearby adjusts to $164,160; with a larger floor plan. Based on 7 relevant data points in FOREST LAKES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX