12304 Lostwood CIR, Austin TX 78748

After reviewing 7 recent transactions in BRIDGES BEAR CREEK, I estimate this property's value at $955,964. A competitive list price for this home right now would fall in the $731,000 to $741,000 range. This pricing would rank the home as the most expensive of 3 comparable homes on the market in BRIDGES BEAR CREEK's current inventory. Being 326 sqft larger than the average comparable sale in this area impacts the per square foot value. At 5 years newer than typical comps, the 2010 build date influences the valuation. With 3 similar homes currently listed in BRIDGES BEAR CREEK (a balanced market), competition is a factor to consider. Prices in 78748 have fallen 3.5% over the last 6 months. A similar home at 2817 Bear Springs TRL, Austin TX 78748 carries an adjusted comparable value of $969,809, providing a strong data point. With 7 comparable sales in BRIDGES BEAR CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group