5901 Down Valley CT, Austin TX 78731

My analysis of 6 comparable properties puts this home's estimated value at $1,637,043. Based on how the local market is moving, a list price between $1,793,000 and $1,875,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in NORTHWEST HILLS LAKEVIEW's current inventory. The larger floor plan (231 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.42 acres versus the area average of 0.37) contributes to the valuation. Right now, 4 similar properties are competing for buyers in NORTHWEST HILLS LAKEVIEW, listed between $1,495,000 and $2,750,000. The 6 month price trend in 78731: fallen 15.3%. The best comp here is 6103 Lonesome Valley TRL, Austin TX 78731 at an adjusted value of $1,565,057, with a smaller floor plan. With 6 comparable sales in NORTHWEST HILLS LAKEVIEW, 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