After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $811,468. Pricing this home between $534,000 and $544,000 would put it in the competitive sweet spot for LOHMANS CROSSING ESTATES. Buyers shopping in LOHMANS CROSSING ESTATES right now would see this as a well positioned option among 7 comparable homes. The larger lot (0.35 acres versus the area average of 0.27) contributes to the valuation. With 7 similar homes currently listed in LOHMANS CROSSING ESTATES (a buyer's market), competition is a factor to consider. Market data shows 78734 prices fallen 6.1% over the last half year. The closest comparable sale, 13 Autumn Oaks DR, Lakeway TX 78738 at an adjusted $807,751, is a strong comparable. The comp data here (5 sales in LOHMANS CROSSING ESTATES) 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