9310 Old Lampasas TRL, Austin TX 78750

The estimated value of this property is $1,173,898, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,409,000 and $1,481,000. Against 6 similar active listings in OVERLOOK BULL CREEK, this price point lands at the 2nd least expensive of 6 comparable homes on the market. The larger floor plan (1,666 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2004, this home is 7 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 6 comparable homes in OVERLOOK BULL CREEK; a balanced market based on recent absorption. Recent trends in 78750 show home values have fallen 11.9% since 6 months ago. The most comparable recent sale is 8401 Sweetness LN, Austin TX 78750, with an adjusted value of $972,800; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group