3103 Lookout LN, Austin TX 78746

The market data from 7 similar recent sales in DAVENPORT RANCH points to a value of approximately $1,571,205. To sell within a reasonable timeframe at fair market value, the $980,000 to $990,000 range is where I'd position this. With 6 comparable homes on the market in DAVENPORT RANCH, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. The smaller floor plan (992 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1988 construction puts this home 5 years older than the comp average, a factor in the pricing. Right now, 6 similar properties are competing for buyers in DAVENPORT RANCH, listed between $949,000 and $1,849,000. In DAVENPORT RANCH, home values have risen approximately 36.7% over the past 6 months. One of the strongest data points is 3503 Needles DR, Austin TX 78746, adjusting to $1,482,716; with a larger floor plan and a pool. 7 comparable transactions in DAVENPORT RANCH 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