5928 Cape Coral DR, Austin TX 78746

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,842,577. I'd recommend coming to market at $3,033,000 to $3,115,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in HILLS LOST CREEK, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. Being 359 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.29 acre lot (smaller than the 0.36 acre average) is reflected in the estimate. With 7 similar homes currently listed in HILLS LOST CREEK (a buyer's market), competition is a factor to consider. The trend in 78746 shows prices have risen 7.1% in the past 6 months. 5801 Fox Chapel DR, Austin TX 78746 nearby adjusts to $1,843,032; with a larger floor plan and a pool. Based on 7 relevant data points in HILLS LOST CREEK, 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