11409 Bonham LN, Austin TX 78736

Based on 7 closed sales in 78736, the data points to a value around $544,250 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $643,000 to $679,000. This pricing would rank the home as the most expensive of 2 comparable homes on the market in 78736's current inventory. At 911 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1973 (7 years older than comps) is factored into the value estimate. The active market in 78736 includes 2 comparable homes priced from $525,000 to $725,000. Market data shows 78736 prices fallen 17.6% over the last half year. The closest comparable sale, 10302 Spring CIR, Austin TX 78736 at an adjusted $331,518, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 78736. 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