314 Forest Lake DR, Del Valle TX 78617

Reviewing the most recent comparable transactions, this home's market value falls around $207,513. For a well positioned listing in FOREST LAKES, I'd target the $221,000 to $223,000 range. With 2 comparable homes on the market in FOREST LAKES, this price positions the property as the most affordable of 2 comparable homes on the market. The 1982 construction puts this home 17 years older than the comp average, a factor in the pricing. At 1.10 acres, the lot is larger than the 0.88 acre comp average, which factors into pricing. Current inventory shows 2 comparable homes in FOREST LAKES; a buyer's market based on recent absorption. Recent trends in 78617 show home values have risen 0.2% since 6 months ago. The most comparable recent sale is 205 Oak Forest DR, Cedar Creek TX 78612, with an adjusted value of $208,418; a strong comparable. 7 comparable transactions in FOREST LAKES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group