3901 Brookview RD, Austin TX 78722

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,086,854. To generate strong buyer interest while maximizing value, I'd price this between $866,000 and $876,000. With 5 comparable homes on the market in SCHIEFFER PLACE, this price positions the property as the most expensive of 5 comparable homes on the market. This home's larger footprint (251 sqft vs the comp average) plays a role in how the market prices it. The 1961 construction puts this home 47 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in SCHIEFFER PLACE; a buyer's market based on recent absorption. The trend in 78722 shows prices have fallen 11.5% in the past 6 months. 4129 Lawless ST, Austin TX 78723 nearby adjusts to $955,179; with a smaller floor plan. 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