Reviewing the most recent comparable transactions, this home's market value falls around $1,262,266. For a well positioned listing in LOST CREEK, I'd target the $1,283,000 to $1,455,000 range. Among the similar homes currently available in LOST CREEK, this price point stands out as competitive. At 260 sqft larger than the typical comp, the size difference factors into the valuation. At 0.60 acres, the lot is larger than the 0.50 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in LOST CREEK, listed between $1,150,000 and $1,600,000. Recent trends in LOST CREEK show home values have risen 0.7% since 6 months ago. The most comparable recent sale is 1306 Quaker Ridge DR, Austin TX 78746, with an adjusted value of $1,455,061; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group