1325 Braided Rope DR, Austin TX 78727

The market data from 7 similar recent sales in SCOFIELD points to a value of approximately $585,986. To sell within a reasonable timeframe at fair market value, the $595,000 to $596,000 range is where I'd position this. In the current SCOFIELD market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. This home's larger footprint (261 sqft vs the comp average) plays a role in how the market prices it. At 0.21 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. 5 similar homes are currently available in SCOFIELD, creating a seller's market for this price range. In SCOFIELD, home values have fallen approximately 10% over the past 6 months. One of the strongest data points is 1427 Dapplegrey LN, Austin TX 78727, adjusting to $632,656; with a smaller floor plan. 7 comparable transactions in SCOFIELD 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