3002 Scenic, Austin TX 78703

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $4,613,476. To generate strong buyer interest while maximizing value, I'd price this between $3,434,000 and $3,444,000. Among the similar homes currently available in BROWN HERMAN, this price point stands out as competitive. At 254 sqft larger than the typical comp, the size difference factors into the valuation. The 1968 construction puts this home 16 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in BROWN HERMAN (a seller's market), competition is a factor to consider. The trend in BROWN HERMAN shows prices have fallen 13.6% in the past 6 months. 2908 Scenic DR, Austin TX 78703 nearby adjusts to $8,200,282; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group