5608 Mount Bonnell RD, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,156,317. For a well positioned listing in 78731, I'd target the $649,000 to $659,000 range. Against 3 similar active listings in 78731, this price point lands at the most expensive of 3 comparable homes on the market. The 1999 construction puts this home 9 years newer than the comp average, a factor in the pricing. At 0.36 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. 3 similar homes are currently available in 78731, creating a buyer's market for this price range. Recent trends in 78731 show home values have fallen 15.3% since 6 months ago. The most comparable recent sale is 5507 Mount Bonnell RD, Austin TX 78731, with an adjusted value of $1,129,253; with a pool. 7 comparable transactions in 78731 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