5509 Mount Bonnell RD, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,252,930. To generate strong buyer interest while maximizing value, I'd price this between $1,306,000 and $1,448,000. Against 3 similar active listings in MOUNT BONNELL SHORES, this price point lands at the 2nd most expensive of 3 comparable homes on the market. At 0.57 acres, the lot is larger than the 0.27 acre comp average, which factors into pricing. With 3 similar homes currently listed in MOUNT BONNELL SHORES (a buyer's market), competition is a factor to consider. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 5425 Tortuga TRL, Austin TX 78731 nearby adjusts to $1,448,169; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group