1162 Lott Ave, Austin TX 78721

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $862,169. I'd recommend coming to market at $719,000 to $729,000 to strike the right balance between value and market velocity. In the current MASONFIELD market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 304 sqft larger than the typical comp, the size difference factors into the valuation. 7 similar homes are currently available in MASONFIELD, creating a buyer's market for this price range. The trend in 78721 shows prices have fallen 5.9% in the past 6 months. 1301 Deloney ST, Austin TX 78721 nearby adjusts to $1,068,690; with a larger floor plan. With 5 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