5003 Lott Ave # A, Austin TX 78721

My analysis of 5 comparable properties puts this home's estimated value at $589,846. Based on how the local market is moving, a list price between $421,000 and $431,000 would position this home well. This home's position in the current MASONFIELD market: the most expensive of 7 comparable homes on the market among comparable properties. This home's smaller footprint (209 sqft vs the comp average) plays a role in how the market prices it. 7 similar homes are currently available in MASONFIELD, creating a buyer's market for this price range. The 6 month price trend in 78721: fallen 5%. The best comp here is 1403 Waldorf # 2, Austin TX 78721 at an adjusted value of $604,026, a strong comparable. With 5 comparable sales in MASONFIELD, 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