3315 Lookout LN, Austin TX 78746

The market data from 7 similar recent sales in DAVENPORT RANCH points to a value of approximately $1,578,219. To sell within a reasonable timeframe at fair market value, the $1,187,000 to $1,197,000 range is where I'd position this. Against 7 similar active listings in DAVENPORT RANCH, this price point lands at the 2nd least expensive of 7 comparable homes on the market. At 649 sqft smaller than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 2 of 7 comparable sales didn't include one. There are currently 7 similar homes on the market in DAVENPORT RANCH, ranging from $949,000 to $2,297,000. 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 $1,595,121; 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