2708 Mountain Laurel LN, Austin TX 78703

Based on 6 closed sales in MOUNTAIN LAUREL, the data points to a value around $1,213,784 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $739,000 to $749,000. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in MOUNTAIN LAUREL's current inventory. Being built in 1958 (7 years newer than comps) is factored into the value estimate. Lot size matters here: 0.39 acres versus 0.25 for the typical comp. 3 similar homes are currently available in MOUNTAIN LAUREL, creating a buyer's market for this price range. Market data shows 78703 prices fallen 4.3% over the last half year. The closest comparable sale, 3400 Foothill PKWY, Austin TX 78731 at an adjusted $1,284,578, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in MOUNTAIN LAUREL. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group