2802 Benbrook DR, Austin TX 78757

Based on 5 closed sales in NORTHWEST TERRACE, the data points to a value around $728,873 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $846,000 to $849,000. This home's position in the current NORTHWEST TERRACE market: the 2nd least expensive of 6 comparable homes on the market among comparable properties. Being built in 1970 (5 years newer than comps) is factored into the value estimate. Current inventory shows 6 comparable homes in NORTHWEST TERRACE; a buyer's market based on recent absorption. Market data shows 78757 prices risen 14% over the last half year. The closest comparable sale, 8701 Millway DR, Austin TX 78757 at an adjusted $777,590, is with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in NORTHWEST TERRACE. 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