1023 Lott Ave Lott Ave, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $487,861. For a well positioned listing in MOORE D, I'd target the $511,000 to $512,000 range. In the current MOORE D market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. The 2005 construction puts this home 6 years older than the comp average, a factor in the pricing. Right now, 5 similar properties are competing for buyers in MOORE D, listed between $499,000 and $559,000. Recent trends in 78721 show home values have fallen 3.5% since 6 months ago. The most comparable recent sale is 6912 Bay City BND, Austin TX 78725, with an adjusted value of $513,598; a strong comparable. 7 comparable transactions in MOORE D 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