1160 Lott Ave # A, Austin TX 78721

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $630,276. I'd recommend coming to market at $490,000 to $500,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 6 comparable homes on the market comparable homes currently on the market in MASONFIELD. The 115 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.20 acre lot (larger than the 0.15 acre average) is reflected in the estimate. Current inventory shows 6 comparable homes in MASONFIELD; a buyer's market based on recent absorption. The trend in 78721 shows prices have fallen 5% in the past 6 months. 5202 Rob Scott ST, Austin TX 78721 nearby adjusts to $576,880; a strong comparable. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group