2702 Scenic DR, Austin TX 78703

The estimated value of this property is $2,430,697, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $2,130,000 and $2,140,000. Against 7 similar active listings in 78703, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 747 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1956, this home is 8 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in 78703, ranging from $1,850,000 to $3,775,000. Recent trends in 78703 show home values have fallen 9.3% since 6 months ago. The most comparable recent sale is 1904 Meadowbrook DR, Austin TX 78703, with an adjusted value of $3,218,920; with a smaller floor plan. With 7 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