3805 PEAK LOOKOUT DR, Austin TX 78738

My analysis of 7 comparable properties puts this home's estimated value at $1,407,420. Based on how the local market is moving, a list price between $1,004,000 and $1,014,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 5 comparable homes on the market in 78738's current inventory. At 7 years newer than typical comps, the 2015 build date influences the valuation. The larger lot (1.00 acres versus the area average of 0.87) contributes to the valuation. The active market in 78738 includes 5 comparable homes priced from $1,044,990 to $1,995,000. The 6 month price trend in 78738: risen 7.7%. The best comp here is 107 Bella Strada CV, Lakeway TX 78734 at an adjusted value of $1,186,199, with a smaller floor plan. With 7 comparable sales in 78738, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group