7504 Lazy Creek DR, Austin TX 78724

This home was listed at $650,000 and was on the market for 30 days before expiring. Based on comparable sales, the market data suggests a value closer to $578,233. Here are some factors that may have played a role: The asking price may have been roughly $71,767 above what comparable homes were selling for in this area. The listing had a price reduction during its time on market, which can sometimes affect buyer perception. Built in 2007, this home may have faced competition from newer construction in the area priced similarly. The larger floor plan (502 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2007 construction puts this home 12 years older than the comp average, a factor in the pricing. The 7 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