5805 Lakeview CIR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,168,893. For a well positioned listing in 78731, I'd target the $1,146,000 to $1,192,000 range. With 5 comparable homes on the market in 78731, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. At 0.00 acres, the lot is smaller than the 0.30 acre comp average, which factors into pricing. Right now, 5 similar properties are competing for buyers in 78731, listed between $949,900 and $1,675,000. Recent trends in 78731 show home values have risen 11.5% since 6 months ago. The most comparable recent sale is 5914 N West PL, Austin TX 78731, with an adjusted value of $822,988; with no pool. 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