2612 Bridle PATH, Austin TX 78703

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,459,939. I'd recommend coming to market at $1,496,000 to $1,525,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in POSNER, this price positions the property as the most expensive of 3 comparable homes on the market. Built in 1940, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.28 acre lot (larger than the 0.17 acre average) is reflected in the estimate. The active market in POSNER includes 3 comparable homes priced from $1,250,000 to $1,325,000. The trend in 78703 shows prices have fallen 9.3% in the past 6 months. 2004 Bremen ST, Austin TX 78703 nearby adjusts to $1,288,653; with a smaller floor plan. Based on 7 relevant data points in POSNER, 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