2527 Tanglewood TRL, Austin TX 78703

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $2,559,404. I'd recommend coming to market at $2,536,000 to $2,840,000 to strike the right balance between value and market velocity. In the current BOWMAN PLACE market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 146 sqft larger than the typical comp, the size difference factors into the valuation. The 0.35 acre lot (larger than the 0.29 acre average) is reflected in the estimate. The active market in BOWMAN PLACE includes 3 comparable homes priced from $2,450,000 to $2,650,000. The trend in 78703 shows prices have fallen 16.4% in the past 6 months. 1607 Pease RD, Austin TX 78703 nearby adjusts to $3,640,213; with a larger floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group