3506 Mount Bonnell RD, Austin TX 78731

The market data from 7 similar recent sales in MOUNT BONNELL TERRACE points to a value of approximately $4,343,961. To sell within a reasonable timeframe at fair market value, the $3,649,000 to $3,659,000 range is where I'd position this. Among the similar homes currently available in MOUNT BONNELL TERRACE, this price point stands out as competitive. At 385 sqft larger than the typical comp, the size difference factors into the valuation. The 1972 construction puts this home 26 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in MOUNT BONNELL TERRACE (a buyer's market), competition is a factor to consider. In 78731, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 13 Niles RD, Austin TX 78703, adjusting to $5,175,033; a strong comparable. 7 comparable transactions in MOUNT BONNELL TERRACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group