3906 Bonnell DR, Austin TX 78731

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $2,158,577. I'd recommend coming to market at $1,425,000 to $1,435,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in MOUNT BONNELL TERRACE, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Built in 1994, this home is 9 years newer than the average comp, which is reflected in the adjustments. The 1.38 acre lot (larger than the 0.28 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in MOUNT BONNELL TERRACE, ranging from $1,425,000 to $2,795,000. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 3210 Enfield RD, Austin TX 78703 nearby adjusts to $1,826,216; with a smaller floor plan. Based on 7 relevant data points in MOUNT BONNELL TERRACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX