5005 Lott Ave # 1, Austin TX 78721

After reviewing 3 recent transactions in MASONFIELD, I estimate this property's value at $686,883. A competitive list price for this home right now would fall in the $516,000 to $526,000 range. Buyers shopping in MASONFIELD right now would see this as a well positioned option among 4 comparable homes. Being 122 sqft smaller than the average comparable sale in this area impacts the per square foot value. With 4 similar homes currently listed in MASONFIELD (a buyer's market), competition is a factor to consider. Prices in 78721 have risen 11.4% over the last 6 months. A similar home at 5109 Stone Gate DR # 1, Austin TX 78721 carries an adjusted comparable value of $573,921, providing a strong data point. With 3 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