3605 LUCAS DR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,012,463. For a well positioned listing in 78731, I'd target the $632,000 to $642,000 range. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in 78731. At 0.00 acres, the lot is smaller than the 0.31 acre comp average, which factors into pricing. 5 similar homes are currently available in 78731, creating a buyer's market for this price range. Recent trends in 78731 show home values have fallen 15.3% since 6 months ago. The most comparable recent sale is 3514 Highland View DR, Austin TX 78731, with an adjusted value of $1,183,304; with a smaller floor plan. The 6 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