Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,178,557. To generate strong buyer interest while maximizing value, I'd price this between $1,155,000 and $1,202,000. Among the similar homes currently available in ESTATES OF LEWIS MOUNTAIN, this price point stands out as competitive. At 2,301 sqft larger than the typical comp, the size difference factors into the valuation. At 2.12 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. There are currently 1 similar homes on the market in ESTATES OF LEWIS MOUNTAIN, ranging from $5,000,000 to $5,000,000. The trend in 78737 shows prices have fallen 0.1% in the past 6 months. 9301 Hopeland DR, Austin TX 78749 nearby adjusts to $1,152,350; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group
