12200 Lostwood CIR, Austin TX 78748

Reviewing the most recent comparable transactions, this home's market value falls around $880,868. For a well positioned listing in 78748, I'd target the $863,000 to $898,000 range. In the current 78748 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Being 268 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 1.08 acres, the lot is larger than the 0.84 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 78748, ranging from $660,000 to $885,000. Recent trends in 78748 show home values have fallen 1.8% since 6 months ago. The most comparable recent sale is 12625 Bismark DR, Austin TX 78748, with an adjusted value of $961,024; with a larger floor plan. 4 comparable transactions in 78748 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group