8311 Silver Mountain CV, Austin TX 78737

The estimated value of this property is $788,312, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $878,000 and $1,170,000. In the current LEWIS MOUNTAIN RANCH market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Built in 1994, this home is 12 years older than the average comp, which is reflected in the adjustments. The 1.40 acre lot (larger than the 0.20 acre average) is reflected in the estimate. With 7 similar homes currently listed in LEWIS MOUNTAIN RANCH (a balanced market), competition is a factor to consider. Recent trends in 78737 show home values have risen 1.3% since 6 months ago. The most comparable recent sale is 6704 Walebridge LN, Austin TX 78739, with an adjusted value of $877,551; a strong comparable. Based on 7 relevant data points in LEWIS MOUNTAIN RANCH, 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