404 Westbrook DR, Austin TX 78746

The estimated value of this property is $1,825,273, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,052,000 and $1,062,000. In the current WESTWOOD market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. At 1,275 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1968, this home is 27 years older than the average comp, which is reflected in the adjustments. Buyers in WESTWOOD have 5 comparable options right now, with asking prices between $875,000 and $2,980,000. Recent trends in WESTWOOD show home values have fallen 6.2% since 6 months ago. The most comparable recent sale is 306 Briarwood TRL, Austin TX 78746, with an adjusted value of $1,564,164; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group