12416 Lostwood CIR, Austin TX 78748

Based on 7 closed sales in BRIDGES BEAR CREEK, the data points to a value around $938,980 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $950,000 to $995,000. Buyers shopping in BRIDGES BEAR CREEK right now would see this as a well positioned option among 4 comparable homes. Being built in 2013 (7 years newer than comps) is factored into the value estimate. Lot size matters here: 0.67 acres versus 0.46 for the typical comp. Right now, 4 similar properties are competing for buyers in BRIDGES BEAR CREEK, listed between $795,000 and $1,075,000. Market data shows 78748 prices fallen 6.2% over the last half year. The closest comparable sale, 2817 Bear Springs TRL, Austin TX 78748 at an adjusted $925,892, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in BRIDGES BEAR CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group