5809 Lookout Mountain DR, Austin TX 78731

The comparable sales data (5 recent transactions in NORTHWEST HILLS) supports an estimated value of $1,887,325. The data suggests a list price between $2,620,000 and $3,092,000 would attract qualified buyers without leaving money on the table. This home's position in the current NORTHWEST HILLS market: the most affordable of 7 comparable homes on the market among comparable properties. The larger floor plan (395 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 5 minus 2 of the comps had one. Current inventory shows 7 comparable homes in NORTHWEST HILLS; a seller's market based on recent absorption. Prices in NORTHWEST HILLS have risen 13.3% over the last 6 months. A similar home at 6507 Mesa DR, Austin TX 78731 carries an adjusted comparable value of $1,579,931, providing a strong data point. The strength of this estimate comes from 5 directly comparable sales in NORTHWEST 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