1501 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 $555,710. I'd recommend coming to market at $574,000 to $600,000 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 affordable of 3 comparable homes on the market. At 179 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1993, this home is 5 years older than the average comp, which is reflected in the adjustments. The active market in SCOFIELD includes 3 comparable homes priced from $550,000 to $615,000. The trend in SCOFIELD shows prices have fallen 5.4% in the past 6 months. 1427 Dapplegrey LN, Austin TX 78727 nearby adjusts to $600,423; with a smaller floor plan. Based on 7 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