8414 Young LN, Austin TX 78737

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,033,378. Pricing this home between $1,351,000 and $1,358,000 would put it in the competitive sweet spot for LEWIS MOUNTAIN RANCH. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in LEWIS MOUNTAIN RANCH's current inventory. At 6 years older than typical comps, the 1995 build date influences the valuation. The larger lot (1.27 acres versus the area average of 0.77) contributes to the valuation. With 3 similar homes currently listed in LEWIS MOUNTAIN RANCH (a balanced market), competition is a factor to consider. Market data shows 78737 prices risen 1.3% over the last half year. The closest comparable sale, 6601 Midwood PKWY, Austin TX 78736 at an adjusted $1,357,985, is a strong comparable. 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