3905 PEAK LOOKOUT DR, Austin TX 78738

Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,696,056. If we were to list this property today, I'd recommend a list price in the $1,168,000 to $1,178,000 range. This home's position in the current CHERRY MOUNTAIN market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. Being built in 2015 (8 years newer than comps) is factored into the value estimate. Lot size matters here: 1.18 acres versus 0.38 for the typical comp. Buyers in CHERRY MOUNTAIN have 7 comparable options right now, with asking prices between $999,990 and $2,695,000. The 6 month price trend in 78738: risen 4.2%. The best comp here is 214 Varco DR, Austin TX 78738 at an adjusted value of $1,604,598, with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in CHERRY MOUNTAIN. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group