712 Brownlee CIR, Austin TX 78703

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,325,405. I'd recommend coming to market at $1,697,000 to $1,712,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in PARK VIEW. Built in 1955, this home is 42 years older than the average comp, which is reflected in the adjustments. The 0.18 acre lot (larger than the 0.11 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in PARK VIEW; a buyer's market based on recent absorption. The trend in 78703 shows prices have risen 1.3% in the past 6 months. 1507 Parkway, Austin TX 78703 nearby adjusts to $828,720; with a larger floor plan. Based on 7 relevant data points in PARK VIEW, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX