505 Westwood TER, Austin TX 78746

The estimated value of this property is $1,662,785, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $680,000 and $690,000. With 3 comparable homes on the market in WESTWOOD, this price positions the property as the most expensive of 3 comparable homes on the market. The smaller floor plan (1,669 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1971, this home is 24 years older than the average comp, which is reflected in the adjustments. Buyers in WESTWOOD have 3 comparable options right now, with asking prices between $599,900 and $1,199,950. Recent trends in WESTWOOD show home values have fallen 2.8% since 6 months ago. The most comparable recent sale is 306 Briarwood TRL, Austin TX 78746, with an adjusted value of $1,441,371; with a larger floor plan. 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