8311 Young LN, Austin TX 78737

After reviewing 7 recent transactions in LEWIS MOUNTAIN RANCH, I estimate this property's value at $799,714. A competitive list price for this home right now would fall in the $835,000 to $858,000 range. Relative to what's currently available in LEWIS MOUNTAIN RANCH, this home would be the 4th most expensive of 7 comparable homes on the market. The larger lot (2.11 acres versus the area average of 0.17) contributes to the valuation. With 7 similar homes currently listed in LEWIS MOUNTAIN RANCH (a buyer's market), competition is a factor to consider. Prices in 78737 have risen 3.1% over the last 6 months. A similar home at 9417 Hopeland DR, Austin TX 78749 carries an adjusted comparable value of $962,727, providing a strong data point. The comp data here (7 sales in LEWIS MOUNTAIN RANCH) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus