Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,966,866. If we were to list this property today, I'd recommend a list price in the $1,319,000 to $1,329,000 range. This would position the home competitively among 7 active listings in MOUNT BONNELL TERRACE. Being built in 1981 (11 years newer than comps) is factored into the value estimate. Lot size matters here: 0.50 acres versus 0.26 for the typical comp. The active market in MOUNT BONNELL TERRACE includes 7 comparable homes priced from $1,275,000 to $2,000,000. The 6 month price trend in 78731: fallen 16.3%. The best comp here is 3203 Warren ST, Austin TX 78703 at an adjusted value of $1,065,424, with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus