3906 Knollwood DR # 1, Austin TX 78731

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $418,087. Pricing this home between $221,000 and $231,000 would put it in the competitive sweet spot for KNOLLWOOD CONDO. Buyers shopping in KNOLLWOOD CONDO right now would see this as a well positioned option among 7 comparable homes. At 8 years older than typical comps, the 1977 build date influences the valuation. The larger lot (0.26 acres versus the area average of 0.17) contributes to the valuation. 7 similar homes are currently available in KNOLLWOOD CONDO, creating a buyer's market for this price range. Market data shows 78731 prices fallen 17.3% over the last half year. The closest comparable sale, 3508 Wendel CV # H16, Austin TX 78731 at an adjusted $346,535, is a strong comparable. The comp data here (3 sales in KNOLLWOOD CONDO) 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