3611 Hillbrook DR, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,743,810. To generate strong buyer interest while maximizing value, I'd price this between $2,336,000 and $2,697,000. With 7 comparable homes on the market in 78731, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 2003 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 1.65 acres, the lot is larger than the 0.56 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78731; a buyer's market based on recent absorption. The trend in 78731 shows prices have fallen 8.7% in the past 6 months. 5913 Doone Valley CT, Austin TX 78731 nearby adjusts to $1,308,195; a strong comparable. 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