4711 Lavender Field PATH, Austin TX 78723

The estimated value of this property is $516,593, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $451,000 and $461,000. With 7 comparable homes on the market in 51 EAST, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 436 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.05 acre lot (smaller than the 0.09 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in 51 EAST, listed between $429,900 and $624,900. Recent trends in 78723 show home values have fallen 1.2% since 6 months ago. The most comparable recent sale is 5201 Golden Canary LN, Austin TX 78723, with an adjusted value of $546,832; with a smaller floor plan. Based on 3 relevant data points in 51 EAST, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX