2806 Lyons RD # 1, Austin TX 78702

The market data from 7 similar recent sales in PLEASANT VALLEY points to a value of approximately $834,877. To sell within a reasonable timeframe at fair market value, the $643,000 to $653,000 range is where I'd position this. Among the similar homes currently available in PLEASANT VALLEY, this price point stands out as competitive. The smaller floor plan (670 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.19 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. 6 similar homes are currently available in PLEASANT VALLEY, creating a buyer's market for this price range. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 503 Allen ST # 503A, Austin TX 78702, adjusting to $491,527; 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