305 Lockhart DR, Austin TX 78704

Based on 4 closed sales in NEWNING & WARNERS, the data points to a value around $830,676 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,018,000 to $1,086,000. This would position the home competitively among 3 active listings in NEWNING & WARNERS. The larger floor plan (178 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 3 comparable homes in NEWNING & WARNERS; a buyer's market based on recent absorption. Market data shows 78704 prices fallen 3.8% over the last half year. The closest comparable sale, 2003 Kenwood Ave, Austin TX 78704 at an adjusted $1,017,641, is with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in NEWNING & WARNERS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group