6502 Tom Kite CIR, Austin TX 78746

The estimated value of this property is $1,863,353, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,807,000 and $1,919,000. With 4 comparable homes on the market in LOST CREEK, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. At 295 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a standout feature, with 4 of 4 comparable homes not offering one. Current inventory shows 4 comparable homes in LOST CREEK; a balanced market based on recent absorption. Recent trends in LOST CREEK show home values have fallen 15% since 6 months ago. The most comparable recent sale is 2103 Doral DR, Austin TX 78746, with an adjusted value of $2,055,193; with a larger floor plan and no pool. Based on 4 relevant data points in 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