3705 Bonnell DR, Austin TX 78731

My analysis of 3 comparable properties puts this home's estimated value at $3,555,223. Based on how the local market is moving, a list price between $1,437,000 and $1,447,000 would position this home well. This pricing would rank the home as the most expensive of 7 comparable homes on the market in MOUNT BONNELL TERRACE's current inventory. The smaller floor plan (273 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.45 acres versus the area average of 0.30) contributes to the valuation. There are currently 7 similar homes on the market in MOUNT BONNELL TERRACE, ranging from $1,375,000 to $2,495,000. The 6 month price trend in 78731: risen 3%. The best comp here is 3403 Northwood CIR, Austin TX 78703 at an adjusted value of $2,221,092, with a larger floor plan. The comp data here (3 sales in MOUNT BONNELL TERRACE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus