4717 Lake Champlain LN # 167, Austin TX 78754

This home was listed at $399,900 and was on the market for 72 days before expiring. Based on comparable sales, the market data suggests a value closer to $386,338. Here are some factors that may have played a role: Coming to market in January may have put this home in a slower seasonal window for the Austin area. At the time, there appear to have been 3 similar homes available at lower price points, which may have given buyers other options. Built in 2003, this home may have faced competition from newer construction in the area priced similarly. At 0.29 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group