7601 Scenic Brook DR, Austin TX 78736

After reviewing 7 recent transactions in 78736, I estimate this property's value at $500,435. A competitive list price for this home right now would fall in the $175,000 to $185,000 range. This pricing would rank the home as the most expensive of 6 comparable homes on the market in 78736's current inventory. The 345 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.19 acres versus the area average of 0.32) contributes to the valuation. The active market in 78736 includes 6 comparable homes priced from $149,900 to $2,501,250. Prices in 78736 have fallen 11.2% over the last 6 months. A similar home at 8317 Gallatin DR, Austin TX 78736 carries an adjusted comparable value of $316,913, providing a strong data point. With 7 comparable sales in 78736, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group