1019 Lott Ave, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $449,315. For a well positioned listing in MOORE D, I'd target the $553,000 to $565,000 range. With 7 comparable homes on the market in MOORE D, this price positions the property as the most affordable of 7 comparable homes on the market. The 1952 construction puts this home 45 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in MOORE D, creating a buyer's market for this price range. Recent trends in 78721 show home values have fallen 5% since 6 months ago. The most comparable recent sale is 1104 Richardine Ave, Austin TX 78721, with an adjusted value of $486,918; a strong comparable. The 7 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