1123 Lott Ave, Austin TX 78721

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $719,878. To generate strong buyer interest while maximizing value, I'd price this between $698,000 and $741,000. Against 5 similar active listings in GREEN VALLEY, this price point lands at the most affordable of 5 comparable homes on the market. The 196 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.28 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. With 5 similar homes currently listed in GREEN VALLEY (a buyer's market), competition is a factor to consider. The trend in 78721 shows prices have fallen 6.5% in the past 6 months. 2516 Alleyton CV, Austin TX 78725 nearby adjusts to $601,324; with a smaller floor plan. The 3 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