10202 Oak Grove CIR, Austin TX 78736

The market data from 7 similar recent sales in SCENIC BROOK ESTATES points to a value of approximately $432,272. To sell within a reasonable timeframe at fair market value, the $153,000 to $163,000 range is where I'd position this. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in SCENIC BROOK ESTATES. The 927 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.81 acres, the lot is smaller than the 1.64 acre comp average, which factors into pricing. With 5 similar homes currently listed in SCENIC BROOK ESTATES (a balanced market), competition is a factor to consider. In 78736, home values have fallen approximately 17.7% over the past 6 months. One of the strongest data points is 10411 Thomaswood LN, Austin TX 78736, adjusting to $200,060; a strong comparable. 7 comparable transactions in SCENIC BROOK ESTATES 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