3807 Kennelwood RD, Austin TX 78703

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $4,000,054. Pricing this home between $3,338,000 and $3,348,000 would put it in the competitive sweet spot for 78703. Buyers shopping in 78703 right now would see this as a well positioned option among 4 comparable homes. At 3,359 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.52 acres versus the area average of 0.25) contributes to the valuation. Right now, 4 similar properties are competing for buyers in 78703, listed between $2,895,000 and $8,995,000. Market data shows 78703 prices fallen 4.5% over the last half year. The closest comparable sale, 2806 Robbs RUN, Austin TX 78703 at an adjusted $3,443,081, is with a smaller floor plan. The comp data here (7 sales in 78703) 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