3801 Bonnell DR, Austin TX 78731

Based on 3 closed sales in MOUNT BONNELL TERRACE, the data points to a value around $2,273,280 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,772,000 to $3,275,000. Buyers shopping in MOUNT BONNELL TERRACE right now would see this as a well positioned option among 7 comparable homes. The 264 sqft size difference versus comparable sales is reflected in the adjusted values. A pool adds market appeal. Only 3 minus 2 of the comps had one. Right now, 7 similar properties are competing for buyers in MOUNT BONNELL TERRACE, listed between $2,335,000 and $8,950,000. Market data shows 78731 prices fallen 18.4% over the last half year. The closest comparable sale, 2804 Pecos ST, Austin TX 78703 at an adjusted $2,772,122, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in MOUNT BONNELL TERRACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group