4103 Burnet RD, Austin TX 78756

Based on 7 closed sales in HANCOCK LEWIS, the data points to a value around $955,248 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $473,000 to $483,000. Relative to what's currently available in HANCOCK LEWIS, this home would be the 2nd most expensive of 7 comparable homes on the market. Being 128 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1955 (6 years newer than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in HANCOCK LEWIS, listed between $499,900 and $1,195,000. Market data shows 78756 prices fallen 20.5% over the last half year. The closest comparable sale, 4010 Lewis LN, Austin TX 78756 at an adjusted $820,369, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in HANCOCK LEWIS. 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