3300 Bonnie RD, Austin TX 78703

The market data from 7 similar recent sales in TOBIN & JOHNSON points to a value of approximately $1,125,923. To sell within a reasonable timeframe at fair market value, the $1,307,000 to $1,345,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in TOBIN & JOHNSON. Current inventory shows 4 comparable homes in TOBIN & JOHNSON; a balanced market based on recent absorption. In TOBIN & JOHNSON, home values have fallen approximately 33.8% over the past 6 months. One of the strongest data points is 3315 Cherry LN, Austin TX 78703, adjusting to $1,419,222; a strong comparable. 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