5903 Overlook DR, Austin TX 78731

Based on 6 closed sales in OVERLOOK -A, the data points to a value around $894,581 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $598,000 to $608,000. 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 6 minus 6 of the comps had one. Lot size matters here: 0.24 acres versus 0.29 for the typical comp. There are currently 4 similar homes on the market in OVERLOOK -A, ranging from $499,000 to $1,375,000. Market data shows 78731 prices risen 8.3% over the last half year. The closest comparable sale, 3514 Highland View DR, Austin TX 78731 at an adjusted $1,323,250, is with no pool. The strength of this estimate comes from 6 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