5728 Lomita Verde CIR, Austin TX 78749

Reviewing the most recent comparable transactions, this home's market value falls around $492,904. For a well positioned listing in VILLAGE WESTERN OAKS, I'd target the $501,000 to $524,000 range. In the current VILLAGE WESTERN OAKS market with 6 similar homes available, this price represents the 3rd most expensive of 6 comparable homes on the market. The 1998 construction puts this home 8 years newer than the comp average, a factor in the pricing. At 0.14 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in VILLAGE WESTERN OAKS; a seller's market based on recent absorption. Recent trends in VILLAGE WESTERN OAKS show home values have risen 3.8% since 6 months ago. The most comparable recent sale is 6005 San Paublo CT, Austin TX 78749, with an adjusted value of $484,350; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group