5708 Beacon DR, Austin TX 78734

Based on 7 closed sales in LAKELAND HILLS, the data points to a value around $507,534 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $727,000 to $833,000. This would position the home competitively among 7 active listings in LAKELAND HILLS. The 666 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1960 (24 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in LAKELAND HILLS; a buyer's market based on recent absorption. Market data shows 78734 prices risen 6% over the last half year. The closest comparable sale, 5600 Lakeview DR, Austin TX 78734 at an adjusted $328,605, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in LAKELAND HILLS. 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