2903 Hillview RD, Austin TX 78703

The estimated value of this property is $3,133,549, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $4,735,000 and $5,275,000. With 7 comparable homes on the market in BROWN HERMAN, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 357 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1971, this home is 8 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in BROWN HERMAN; a buyer's market based on recent absorption. Recent trends in BROWN HERMAN show home values have fallen 48.3% since 6 months ago. The most comparable recent sale is 5 Green Lane LN, Austin TX 78703, with an adjusted value of $3,298,567; with a smaller floor plan and a pool. Based on 4 relevant data points in BROWN HERMAN, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX