304 Eagle Lookout DR, Austin TX 78733

Reviewing the most recent comparable transactions, this home's market value falls around $1,243,440. For a well positioned listing in LAKE RIDGE ESTATES, I'd target the $1,206,000 to $1,281,000 range. In the current LAKE RIDGE ESTATES market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. The larger floor plan (577 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1980 construction puts this home 8 years older than the comp average, a factor in the pricing. The active market in LAKE RIDGE ESTATES includes 3 comparable homes priced from $1,349,900 to $2,995,000. Recent trends in 78733 show home values have fallen 12.3% since 6 months ago. The most comparable recent sale is 1401 Bowie RD, Austin TX 78733, with an adjusted value of $1,003,045; with a larger floor plan. 5 comparable transactions in LAKE RIDGE ESTATES 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