1160 Lott Ave # B, Austin TX 78721

After reviewing 3 recent transactions in MASONFIELD, I estimate this property's value at $519,137. A competitive list price for this home right now would fall in the $528,000 to $547,000 range. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in MASONFIELD's current inventory. At 6 years older than typical comps, the 2018 build date influences the valuation. The larger lot (0.20 acres versus the area average of 0.16) contributes to the valuation. 4 similar homes are currently available in MASONFIELD, creating a buyer's market for this price range. Prices in 78721 have fallen 7.5% over the last 6 months. A similar home at 1713 E M Franklin Ave # 2, Austin TX 78721 carries an adjusted comparable value of $505,412, providing a strong data point. With 3 comparable sales in MASONFIELD, 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