3603 Mount Bonnell RD, Austin TX 78731

After reviewing 3 recent transactions in MOUNT BONNELL TERRACE, I estimate this property's value at $2,296,355. A competitive list price for this home right now would fall in the $1,825,000 to $1,835,000 range. Relative to what's currently available in MOUNT BONNELL TERRACE, this home would be the 2nd least expensive of 7 comparable homes on the market. At 158 sqft smaller than the typical comp, the size difference factors into the valuation. Having a pool is a plus; 1 of the 3 comps lacked one. 7 similar homes are currently available in MOUNT BONNELL TERRACE, creating a buyer's market for this price range. Prices in 78731 have fallen 18.4% over the last 6 months. A similar home at 3801 Bonnell DR, Austin TX 78731 carries an adjusted comparable value of $2,063,138, providing a strong data point. With 3 comparable sales in MOUNT BONNELL TERRACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group