3801 Peak Lookout DR, Austin TX 78738

The estimated value of this property is $1,933,433, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,895,000 and $1,972,000. In the current CHERRY MOUNTAIN market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The smaller floor plan (183 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 1 of 3 comparable homes not offering one. With 7 similar homes currently listed in CHERRY MOUNTAIN (a balanced market), competition is a factor to consider. Recent trends in 78738 show home values have risen 9.5% since 6 months ago. The most comparable recent sale is 122 Lakota PASS, Austin TX 78738, with an adjusted value of $1,566,516; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group