1803 Groveton CV, Austin TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $1,426,581. For a well positioned listing in LOST CREEK, I'd target the $1,228,000 to $1,238,000 range. In the current LOST CREEK market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 1989 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 0.88 acres, the lot is larger than the 0.69 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in LOST CREEK, ranging from $1,150,000 to $1,839,900. Recent trends in LOST CREEK show home values have risen 8% since 6 months ago. The most comparable recent sale is 1306 Quaker Ridge DR, Austin TX 78746, with an adjusted value of $1,564,152; a strong comparable. 3 comparable transactions in LOST CREEK 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