5817 Coventry LN, Austin TX 78723

My analysis of 7 comparable properties puts this home's estimated value at $483,295. Based on how the local market is moving, a list price between $418,000 and $428,000 would position this home well. Relative to what's currently available in LYNCH & TERRELL, this home would be the 2nd least expensive of 7 comparable homes on the market. At 9 years newer than typical comps, the 1971 build date influences the valuation. The smaller lot (0.08 acres versus the area average of 0.21) contributes to the valuation. 7 similar homes are currently available in LYNCH & TERRELL, creating a buyer's market for this price range. The 6 month price trend in 78723: fallen 1.2%. The best comp here is 5711 Wellington DR, Austin TX 78723 at an adjusted value of $484,689, a strong comparable. With 7 comparable sales in LYNCH & TERRELL, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group