2307 Newfield LN # 2, Austin TX 78703

After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $1,936,484. Pricing this home between $1,366,000 and $1,376,000 would put it in the competitive sweet spot for SUNSET HILL. This home's position in the current SUNSET HILL market: the 2nd most expensive of 6 comparable homes on the market among comparable properties. The larger lot (0.25 acres versus the area average of 0.15) contributes to the valuation. With 6 similar homes currently listed in SUNSET HILL (a buyer's market), competition is a factor to consider. Market data shows 78703 prices fallen 9.3% over the last half year. The closest comparable sale, 2413 Sharon LN, Austin TX 78703 at an adjusted $1,589,523, is a strong comparable. The comp data here (6 sales in SUNSET HILL) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus