505 Westbrook DR, Austin TX 78746

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $1,844,253. I'd recommend coming to market at $973,000 to $983,000 to strike the right balance between value and market velocity. In the current WESTWOOD market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. Being 1,408 sqft smaller than the average comparable sale in this area impacts the per square foot value. Current inventory shows 4 comparable homes in WESTWOOD; a balanced market based on recent absorption. The trend in WESTWOOD shows prices have risen 1.4% in the past 6 months. 306 Briarwood TRL, Austin TX 78746 nearby adjusts to $1,600,352; with a larger floor plan. Based on 7 relevant data points in WESTWOOD, 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