8419 Silver Mountain CV, Austin TX 78737

Based on 6 closed sales in LEWIS MOUNTAIN RANCH, the data points to a value around $1,565,734 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,348,000 to $2,449,000. This pricing would rank the home as the most affordable of 6 comparable homes on the market in LEWIS MOUNTAIN RANCH's current inventory. The larger floor plan (430 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 6 minus 3 of the comps had one. There are currently 6 similar homes on the market in LEWIS MOUNTAIN RANCH, ranging from $1,875,000 to $4,050,000. Market data shows 78737 prices risen 1.3% over the last half year. The closest comparable sale, 7705 El Dorado DR, Austin TX 78737 at an adjusted $1,417,058, is with a smaller floor plan. The strength of this estimate comes from 6 directly comparable sales in LEWIS MOUNTAIN RANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group