Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $505,556. To generate strong buyer interest while maximizing value, I'd price this between $563,000 and $589,000. In the current RESERVE LYNNBROOK market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. The 159 sqft size difference versus comparable sales is reflected in the adjusted values. The 2013 construction puts this home 6 years newer than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in RESERVE LYNNBROOK; a balanced market based on recent absorption. The trend in 78748 shows prices have fallen 4.7% in the past 6 months. 3400 Lynnbrook DR, Austin TX 78748 nearby adjusts to $638,496; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group
