5100 Lott Ave, Austin TX 78721

After reviewing 5 recent transactions in MASONFIELD, I estimate this property's value at $415,734. A competitive list price for this home right now would fall in the $348,000 to $358,000 range. This home's position in the current MASONFIELD market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. This home's smaller footprint (138 sqft vs the comp average) plays a role in how the market prices it. At 8 years older than typical comps, the 1954 build date influences the valuation. Right now, 4 similar properties are competing for buyers in MASONFIELD, listed between $329,900 and $649,999. Prices in 78721 have fallen 5% over the last 6 months. A similar home at 1112 Mason Ave, Austin TX 78721 carries an adjusted comparable value of $443,788, providing a strong data point. 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