5006 Lott Ave # 1, Austin TX 78721

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $592,155. To generate strong buyer interest while maximizing value, I'd price this between $442,000 and $452,000. With 5 comparable homes on the market in MASONFIELD, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. This home's smaller footprint (172 sqft vs the comp average) plays a role in how the market prices it. There are currently 5 similar homes on the market in MASONFIELD, ranging from $474,900 to $650,000. The trend in 78721 shows prices have fallen 5% in the past 6 months. 5202 Rob Scott ST, Austin TX 78721 nearby adjusts to $509,698; with a larger floor plan. 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