4030 Lago Viento, Austin TX 78734

After reviewing 3 recent transactions in 78734, I estimate this property's value at $1,286,841. A competitive list price for this home right now would fall in the $1,376,000 to $1,390,000 range. Buyers shopping in 78734 right now would see this as a well positioned option among 6 comparable homes. At 567 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (2.23 acres versus the area average of 2.00) contributes to the valuation. 6 similar homes are currently available in 78734, creating a buyer's market for this price range. Prices in 78734 have fallen 10.4% over the last 6 months. A similar home at 6112 Laguna Cliff LN, Austin TX 78734 carries an adjusted comparable value of $1,165,712, providing a strong data point. With 3 comparable sales in 78734, 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