5905 Overlook DR, Austin TX 78731

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,784,032. I'd recommend coming to market at $1,748,000 to $1,820,000 to strike the right balance between value and market velocity. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in OVERLOOK -A. Being 117 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.90 acre lot (larger than the 0.38 acre average) is reflected in the estimate. Buyers in OVERLOOK -A have 7 comparable options right now, with asking prices between $1,500,000 and $5,800,000. The trend in 78731 shows prices have risen 15.6% in the past 6 months. 5900 Westslope DR, Austin TX 78731 nearby adjusts to $1,239,671; a strong comparable. Based on 7 relevant data points in OVERLOOK -A, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX