8425 LA PLATA LOOP, Austin TX 78737

After reviewing 7 recent transactions in LEWIS MOUNTAIN RANCH, I estimate this property's value at $760,500. A competitive list price for this home right now would fall in the $764,000 to $774,000 range. This would position the home competitively among 7 active listings in LEWIS MOUNTAIN RANCH. The larger lot (1.68 acres versus the area average of 0.21) contributes to the valuation. There are currently 7 similar homes on the market in LEWIS MOUNTAIN RANCH, ranging from $665,000 to $775,000. Prices in 78737 have risen 3.8% over the last 6 months. A similar home at 10506 Orourk LN, Austin TX 78739 carries an adjusted comparable value of $759,871, providing a strong data point. With 7 comparable sales in LEWIS MOUNTAIN RANCH, 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