5915 Overlook DR, Austin TX 78731

My analysis of 5 comparable properties puts this home's estimated value at $1,610,334. Based on how the local market is moving, a list price between $1,353,000 and $1,363,000 would position this home well. Buyers shopping in 78731 right now would see this as a well positioned option among 3 comparable homes. Being 118 sqft larger than the average comparable sale in this area impacts the per square foot value. Having a pool is a plus; 4 of the 5 comps lacked one. There are currently 3 similar homes on the market in 78731, ranging from $1,150,000 to $1,575,000. The 6 month price trend in 78731: fallen 15.8%. The best comp here is 6220 Ledge Mountain DR, Austin TX 78731 at an adjusted value of $1,602,567, a strong comparable. The comp data here (5 sales in 78731) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus