9300 Elm Grove CIR, Austin TX 78736

Reviewing the most recent comparable transactions, this home's market value falls around $471,525. For a well positioned listing in SCENIC BROOK ESTATES, I'd target the $380,000 to $390,000 range. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in SCENIC BROOK ESTATES. This home's smaller footprint (280 sqft vs the comp average) plays a role in how the market prices it. At 1.33 acres, the lot is larger than the 1.03 acre comp average, which factors into pricing. 5 similar homes are currently available in SCENIC BROOK ESTATES, creating a balanced market for this price range. Recent trends in SCENIC BROOK ESTATES show home values have fallen 31.8% since 6 months ago. The most comparable recent sale is 9400 Lauralan DR, Austin TX 78736, with an adjusted value of $505,867; a strong comparable. 4 comparable transactions in SCENIC BROOK ESTATES 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