280 Lexington DR, Austin TX 78737

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $647,010. To generate strong buyer interest while maximizing value, I'd price this between $418,000 and $428,000. In the current 78737 market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 398 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 1.55 acre comp average, which factors into pricing. Buyers in 78737 have 3 comparable options right now, with asking prices between $449,000 and $740,000. The trend in 78737 shows prices have risen 3% in the past 6 months. 1044 Sunset Canyon DR S, Dripping Springs TX 78620 nearby adjusts to $423,410; with a larger floor plan. The 4 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