2806 Burleson RD, Austin TX 78741

The estimated value of this property is $559,853, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $353,000 and $363,000. With 3 comparable homes on the market in BROOK HOLLOW, this price positions the property as the most expensive of 3 comparable homes on the market. At 172 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1957, this home is 8 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in BROOK HOLLOW; a buyer's market based on recent absorption. Recent trends in 78741 show home values have fallen 10.8% since 6 months ago. The most comparable recent sale is 1713 Mariposa DR, Austin TX 78741, with an adjusted value of $700,267; with a larger floor plan. With 4 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