1412 Braided Rope DR, Austin TX 78727

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $556,582. I'd recommend coming to market at $454,000 to $464,000 to strike the right balance between value and market velocity. In the current SCOFIELD market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 292 sqft larger than the typical comp, the size difference factors into the valuation. With 3 similar homes currently listed in SCOFIELD (a seller's market), competition is a factor to consider. The trend in SCOFIELD shows prices have fallen 10% in the past 6 months. 1353 Braided Rope DR, Austin TX 78727 nearby adjusts to $568,949; with a smaller floor plan. Based on 6 relevant data points in SCOFIELD, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX