7002 Silver Dale CIR, Austin TX 78736

The market data from 5 similar recent sales in SCENIC BROOK WEST points to a value of approximately $507,421. To sell within a reasonable timeframe at fair market value, the $531,000 to $560,000 range is where I'd position this. Against 7 similar active listings in SCENIC BROOK WEST, this price point lands at the 3rd least expensive of 7 comparable homes on the market. At 114 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.42 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in SCENIC BROOK WEST, listed between $489,000 and $715,000. In SCENIC BROOK WEST, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 7128 S Brook DR, Austin TX 78736, adjusting to $460,722; a strong comparable. The 5 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