1342 Braided Rope, Austin TX 78727

Based on 3 closed sales in SCOFIELD, the data points to a value around $694,760 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $590,000 to $600,000. Relative to what's currently available in SCOFIELD, this home would be the most expensive of 3 comparable homes on the market. This home's larger footprint (318 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.27 acres versus 0.23 for the typical comp. With 3 similar homes currently listed in SCOFIELD (a seller's market), competition is a factor to consider. Market data shows SCOFIELD prices fallen 5.4% over the last half year. The closest comparable sale, 1427 Dapplegrey LN, Austin TX 78727 at an adjusted $689,938, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in SCOFIELD. 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