5804 Lakeview CIR, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,470,452. I'd recommend coming to market at $1,248,000 to $1,258,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in NORTHWEST HILLS. At 218 sqft larger than the typical comp, the size difference factors into the valuation. The 0.41 acre lot (larger than the 0.34 acre average) is reflected in the estimate. With 5 similar homes currently listed in NORTHWEST HILLS (a balanced market), competition is a factor to consider. The trend in NORTHWEST HILLS shows prices have risen 6.8% in the past 6 months. 6220 Ledge Mountain DR, Austin TX 78731 nearby adjusts to $1,435,534; with a larger floor plan and a pool. Based on 7 relevant data points in NORTHWEST HILLS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX