5300 Lake Mist, Austin TX 78734

The estimated value of this property is $511,305, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $571,000 and $614,000. With 7 comparable homes on the market in TRAVIS LANDING, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. This home's larger footprint (133 sqft vs the comp average) plays a role in how the market prices it. The 0.42 acre lot (larger than the 0.37 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in TRAVIS LANDING, listed between $495,000 and $1,890,000. Recent trends in TRAVIS LANDING show home values have fallen 27.8% since 6 months ago. The most comparable recent sale is 15207 Back Of The Moon ST, Austin TX 78734, with an adjusted value of $553,897; with a smaller floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group