5205 Lucas LN, Austin TX 78731

Taking into account 6 nearby comparable sales, this property's estimated value comes to $1,700,449. If we were to list this property today, I'd recommend a list price in the $1,808,000 to $2,051,000 range. Relative to what's currently available in 78731, this home would be the most expensive of 5 comparable homes on the market. This home's larger footprint (105 sqft vs the comp average) plays a role in how the market prices it. A pool adds market appeal. Only 6 minus 2 of the comps had one. The active market in 78731 includes 5 comparable homes priced from $1,400,000 to $2,249,700. The 6 month price trend in 78731: risen 11.7%. The best comp here is 5008 Westview DR, Austin TX 78731 at an adjusted value of $2,050,645, with a smaller floor plan. The strength of this estimate comes from 6 directly comparable sales in 78731. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group