3304 Mount Bonnell DR, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,675,990. I'd recommend coming to market at $2,576,000 to $2,603,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in BALCONES PARK. At 536 sqft larger than the typical comp, the size difference factors into the valuation. The 0.39 acre lot (larger than the 0.30 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in BALCONES PARK, listed between $2,195,000 and $3,399,000. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 4607 Balcones DR, Austin TX 78731 nearby adjusts to $1,598,940; with a smaller floor plan. Based on 4 relevant data points in BALCONES PARK, 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