5900 Upvalley RUN, Austin TX 78731

The market data from 5 similar recent sales in NORTHWEST HILLS LAKEVIEW points to a value of approximately $1,336,074. To sell within a reasonable timeframe at fair market value, the $1,174,000 to $1,184,000 range is where I'd position this. With 5 comparable homes on the market in NORTHWEST HILLS LAKEVIEW, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. At 0.36 acres, the lot is larger than the 0.31 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in NORTHWEST HILLS LAKEVIEW; a buyer's market based on recent absorption. In 78731, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 5003 Lucas LN, Austin TX 78731, adjusting to $1,515,846; with a larger floor plan. 5 comparable transactions in NORTHWEST HILLS LAKEVIEW support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group