5002 Lucas LN, Austin TX 78731

The market data from 4 similar recent sales in BEVERLY HILLS points to a value of approximately $1,442,355. To sell within a reasonable timeframe at fair market value, the $1,226,000 to $1,236,000 range is where I'd position this. Among the similar homes currently available in BEVERLY HILLS, this price point stands out as competitive. The 190 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.50 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. With 4 similar homes currently listed in BEVERLY HILLS (a buyer's market), competition is a factor to consider. In 78731, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 3923 Glengarry DR, Austin TX 78731, adjusting to $1,668,472; with a smaller floor plan. The 4 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