2321 Rodeo DR, Austin TX 78727

After reviewing 7 recent transactions in SCOFIELD FARMS, I estimate this property's value at $582,973. A competitive list price for this home right now would fall in the $477,000 to $487,000 range. This home's position in the current SCOFIELD FARMS market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (193 sqft vs the comp average) plays a role in how the market prices it. With 7 similar homes currently listed in SCOFIELD FARMS (a balanced market), competition is a factor to consider. Prices in SCOFIELD FARMS have fallen 8.4% over the last 6 months. A similar home at 1925 Chasewood DR, Austin TX 78727 carries an adjusted comparable value of $566,108, providing a strong data point. With 7 comparable sales in SCOFIELD FARMS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group