2712 Scenic DR, Austin TX 78703

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $3,125,806. I'd recommend coming to market at $1,460,000 to $1,470,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in BROWN HERMAN, this price positions the property as the most expensive of 7 comparable homes on the market. Being 141 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1976, this home is 7 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in BROWN HERMAN, listed between $1,375,000 and $2,495,000. The trend in BROWN HERMAN shows prices have risen 4.1% in the past 6 months. 3403 Northwood CIR, Austin TX 78703 nearby adjusts to $2,319,876; with a larger 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