5511 Mount Bonnell RD, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,498,611. For a well positioned listing in MOUNT BONNELL SHORES, I'd target the $1,270,000 to $1,280,000 range. In the current MOUNT BONNELL SHORES market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The pool is a differentiator here, since 4 of 7 comparable sales didn't include one. At 0.54 acres, the lot is larger than the 0.34 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in MOUNT BONNELL SHORES, listed between $1,150,000 and $2,750,000. Recent trends in 78731 show home values have fallen 15.8% since 6 months ago. The most comparable recent sale is 5003 Lucas LN, Austin TX 78731, with an adjusted value of $1,711,538; with no pool. 7 comparable transactions in MOUNT BONNELL SHORES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group