1501 Wild Basin Ledge LDG, Austin TX 78746

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $2,729,762. I'd recommend coming to market at $1,568,000 to $1,578,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in LOST CANYON RANCH. This home's smaller footprint (285 sqft vs the comp average) plays a role in how the market prices it. Built in 1995, this home is 5 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in LOST CANYON RANCH; a buyer's market based on recent absorption. The trend in 78746 shows prices have risen 27.3% in the past 6 months. 1517 Wild Cat HOLW, West Lake Hills TX 78746 nearby adjusts to $2,771,681; with a smaller floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group