5903 Overlook DR, Austin TX 78731

Based on 3 closed sales in OVERLOOK -A, the data points to a value around $1,132,901 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,110,000 to $1,156,000. Buyers shopping in OVERLOOK -A right now would see this as a well positioned option among 4 comparable homes. A pool adds market appeal. Only 3 minus 3 of the comps had one. Being built in 1983 (7 years newer than comps) is factored into the value estimate. There are currently 4 similar homes on the market in OVERLOOK -A, ranging from $815,000 to $1,375,000. Market data shows 78731 prices risen 11.4% over the last half year. The closest comparable sale, 3514 Highland View DR, Austin TX 78731 at an adjusted $1,323,242, is with no pool. The strength of this estimate comes from 3 directly comparable sales in OVERLOOK -A. 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