5815 Coventry LN, Austin TX 78723

The market data from 7 similar recent sales in LYNCH & TERRELL points to a value of approximately $493,245. To sell within a reasonable timeframe at fair market value, the $562,000 to $579,000 range is where I'd position this. Among the similar homes currently available in LYNCH & TERRELL, this price point stands out as competitive. The 1971 construction puts this home 8 years newer than the comp average, a factor in the pricing. At 0.08 acres, the lot is smaller than the 0.23 acre comp average, which factors into pricing. 7 similar homes are currently available in LYNCH & TERRELL, creating a buyer's market for this price range. In 78723, home values have risen approximately 1.7% over the past 6 months. One of the strongest data points is 2009 Northridge DR, Austin TX 78723, adjusting to $452,518; 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