4000 Peak Lookout DR, Austin TX 78738

My analysis of 7 comparable properties puts this home's estimated value at $1,595,767. Based on how the local market is moving, a list price between $1,162,000 and $1,172,000 would position this home well. This would position the home competitively among 7 active listings in 78738. Being 295 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (1.55 acres versus the area average of 0.88) contributes to the valuation. There are currently 7 similar homes on the market in 78738, ranging from $1,107,000 to $2,300,000. The 6 month price trend in 78738: fallen 1.6%. The best comp here is 115 Burgess LN, Austin TX 78738 at an adjusted value of $1,469,838, a strong comparable. 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