304 Laurelwood TRL, Austin TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $1,961,646. For a well positioned listing in WESTWOOD, I'd target the $1,490,000 to $1,500,000 range. Against 5 similar active listings in WESTWOOD, this price point lands at the 2nd most expensive of 5 comparable homes on the market. At 1,064 sqft smaller than the typical comp, the size difference factors into the valuation. The 1969 construction puts this home 26 years older than the comp average, a factor in the pricing. With 5 similar homes currently listed in WESTWOOD (a buyer's market), competition is a factor to consider. Recent trends in WESTWOOD show home values have fallen 2.8% since 6 months ago. The most comparable recent sale is 306 Briarwood TRL, Austin TX 78746, with an adjusted value of $1,658,915; 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