405 Brookhaven TRL, Austin TX 78746

The estimated value of this property is $3,928,140, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $4,129,000 and $4,319,000. In the current WESTWOOD market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The smaller floor plan (472 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2020, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in WESTWOOD; a balanced market based on recent absorption. Recent trends in WESTWOOD show home values have fallen 6.2% since 6 months ago. The most comparable recent sale is 411 Honeycomb RDG, Austin TX 78746, with an adjusted value of $4,129,044; with a larger floor plan. With 3 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