5305 Tortuga, Austin TX 78731

My analysis of 6 comparable properties puts this home's estimated value at $1,362,861. Based on how the local market is moving, a list price between $1,144,000 and $1,154,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in MOUNT BONNELL SHORES's current inventory. At 141 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.39 acres versus the area average of 0.34) contributes to the valuation. The active market in MOUNT BONNELL SHORES includes 3 comparable homes priced from $1,000,000 to $2,750,000. The 6 month price trend in 78731: fallen 15.8%. The best comp here is 5003 Lucas LN, Austin TX 78731 at an adjusted value of $1,553,381, a strong comparable. The comp data here (6 sales in MOUNT BONNELL SHORES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus