1805 Big Canyon DR, Austin TX 78746

My analysis of 4 comparable properties puts this home's estimated value at $1,609,535. Based on how the local market is moving, a list price between $722,000 and $732,000 would position this home well. Buyers shopping in LOST CREEK right now would see this as a well positioned option among 7 comparable homes. The 268 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.56 acres versus the area average of 0.52) contributes to the valuation. Current inventory shows 7 comparable homes in LOST CREEK; a seller's market based on recent absorption. The 6 month price trend in LOST CREEK: risen 26.6%. The best comp here is 1306 Quaker Ridge DR, Austin TX 78746 at an adjusted value of $1,598,291, with a smaller floor plan. With 4 comparable sales in LOST 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