3502 Bonnell CT, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,202,945. To generate strong buyer interest while maximizing value, I'd price this between $2,772,000 and $2,774,000. In the current MOUNT BONNELL TERRACE market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The 1983 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.41 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in MOUNT BONNELL TERRACE, ranging from $2,250,000 to $8,500,000. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 3801 Bonnell DR, Austin TX 78731 nearby adjusts to $2,072,992; with a larger floor plan and a pool. 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