1164 Lott Ave, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $894,584. For a well positioned listing in MASONFIELD, I'd target the $953,000 to $988,000 range. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in MASONFIELD. At 253 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 7 comparable homes in MASONFIELD; a buyer's market based on recent absorption. Recent trends in 78721 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 1301 Deloney ST, Austin TX 78721, with an adjusted value of $1,091,194; with a larger floor plan. The 4 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