12308 Lostwood CIR, Austin TX 78748

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $947,930. I'd recommend coming to market at $766,000 to $776,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in BRIDGES BEAR CREEK, this price positions the property as the most expensive of 2 comparable homes on the market. This home's larger footprint (760 sqft vs the comp average) plays a role in how the market prices it. Built in 2010, this home is 5 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 2 comparable homes in BRIDGES BEAR CREEK; a balanced market based on recent absorption. The trend in 78748 shows prices have fallen 3.1% in the past 6 months. 2817 Bear Springs TRL, Austin TX 78748 nearby adjusts to $998,091; with a smaller floor plan. Based on 5 relevant data points in BRIDGES BEAR CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX