1416 Braided Rope DR, Austin TX 78727

Reviewing the most recent comparable transactions, this home's market value falls around $594,460. For a well positioned listing in SCOFIELD, I'd target the $615,000 to $620,000 range. Against 3 similar active listings in SCOFIELD, this price point lands at the most expensive of 3 comparable homes on the market. The 400 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.21 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in SCOFIELD, ranging from $535,000 to $647,000. Recent trends in SCOFIELD show home values have fallen 13.3% since 6 months ago. The most comparable recent sale is 1605 Dapplegrey LN, Austin TX 78727, with an adjusted value of $528,365; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group