5604 Mount Bonnell RD, Austin TX 78731

The estimated value of this property is $1,080,297, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $665,000 and $675,000. Against 4 similar active listings in 78731, this price point lands at the 2nd least expensive of 4 comparable homes on the market. Built in 1999, this home is 10 years newer than the average comp, which is reflected in the adjustments. The 0.26 acre lot (larger than the 0.22 acre average) is reflected in the estimate. The active market in 78731 includes 4 comparable homes priced from $595,000 to $1,749,000. Recent trends in 78731 show home values have fallen 15.3% since 6 months ago. The most comparable recent sale is 5804 Kaelan CV, Austin TX 78730, with an adjusted value of $1,284,681; a strong comparable. 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