2909 Scenic DR, Austin TX 78703

After reviewing 4 recent transactions in BROWN HERMAN, I estimate this property's value at $2,154,091. A competitive list price for this home right now would fall in the $2,089,000 to $2,219,000 range. Relative to what's currently available in BROWN HERMAN, this home would be the 2nd least expensive of 4 comparable homes on the market. At 331 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.46 acres versus the area average of 0.30) contributes to the valuation. Right now, 4 similar properties are competing for buyers in BROWN HERMAN, listed between $1,850,000 and $2,760,000. Prices in BROWN HERMAN have fallen 13.6% over the last 6 months. A similar home at 3403 Northwood CIR, Austin TX 78703 carries an adjusted comparable value of $2,217,305, providing a strong data point. With 4 comparable sales in BROWN HERMAN, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group