5915 Lost Horizon DR, Austin TX 78759

The market data from 4 similar recent sales in 78759 points to a value of approximately $866,013. To sell within a reasonable timeframe at fair market value, the $734,000 to $744,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in 78759. The 1998 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.19 acres, the lot is smaller than the 0.23 acre comp average, which factors into pricing. The active market in 78759 includes 5 comparable homes priced from $725,000 to $1,200,000. In 78759, home values have risen approximately 5.3% over the past 6 months. One of the strongest data points is 8125 Bottlebrush DR, Austin TX 78750, adjusting to $1,026,947; a strong comparable. 4 comparable transactions in 78759 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