7817 Lynchburg DR, Austin TX 78738

My analysis of 5 comparable properties puts this home's estimated value at $1,982,631. Based on how the local market is moving, a list price between $2,205,000 and $2,218,000 would position this home well. This would position the home competitively among 4 active listings in BELVEDERE. The 288 sqft size difference versus comparable sales is reflected in the adjusted values. At 5 years older than typical comps, the 2007 build date influences the valuation. 4 similar homes are currently available in BELVEDERE, creating a buyer's market for this price range. The 6 month price trend in 78738: fallen 5.5%. The best comp here is 8309 Verde Mesa CV, Austin TX 78738 at an adjusted value of $2,115,378, with a smaller floor plan. With 5 comparable sales in BELVEDERE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group