7705 Lazy River CV, Austin TX 78730

The market data from 7 similar recent sales in 78730 points to a value of approximately $1,891,665. To sell within a reasonable timeframe at fair market value, the $1,933,000 to $1,995,000 range is where I'd position this. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in 78730. Being 576 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.83 acres, the lot is larger than the 0.53 acre comp average, which factors into pricing. 4 similar homes are currently available in 78730, creating a buyer's market for this price range. In 78730, home values have fallen approximately 9.4% over the past 6 months. One of the strongest data points is 3312 Pearce RD, Austin TX 78730, adjusting to $2,042,090; with a smaller floor plan and a pool. 7 comparable transactions in 78730 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group