1176 Lott Ave, Austin TX 78721

The market data from 7 similar recent sales in MASONFIELD points to a value of approximately $421,373. To sell within a reasonable timeframe at fair market value, the $181,000 to $191,000 range is where I'd position this. With 7 comparable homes on the market in MASONFIELD, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Being 317 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2017 construction puts this home 18 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in MASONFIELD, ranging from $175,000 to $649,999. In 78721, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 1112 Mason Ave, Austin TX 78721, adjusting to $486,041; a strong comparable. The 7 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