1821 WESTLAKE DR # 113, Austin TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $971,783. For a well positioned listing in LOS ALTOS, I'd target the $631,000 to $641,000 range. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in LOS ALTOS. The smaller floor plan (351 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.18 acres, the lot is smaller than the 0.44 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in LOS ALTOS, ranging from $599,900 to $3,750,000. Recent trends in 78746 show home values have risen 2.2% since 6 months ago. The most comparable recent sale is 1500 Ridgecrest DR, Austin TX 78746, with an adjusted value of $953,235; with a larger floor plan. 7 comparable transactions in LOS ALTOS 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