3001 Vinewood CV, Austin TX 78757

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $740,873. I'd recommend coming to market at $774,000 to $810,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in NORTHTOWNE WEST, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. Built in 1972, this home is 7 years newer than the average comp, which is reflected in the adjustments. The 0.36 acre lot (larger than the 0.19 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in NORTHTOWNE WEST; a buyer's market based on recent absorption. The trend in NORTHTOWNE WEST shows prices have fallen 23.1% in the past 6 months. 8108 Briarwood LN, Austin TX 78757 nearby adjusts to $843,836; a strong comparable. Based on 7 relevant data points in NORTHTOWNE WEST, 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