1121 Lakewood Hills TER, Austin TX 78732

My analysis of 7 comparable properties puts this home's estimated value at $1,230,007. Based on how the local market is moving, a list price between $1,380,000 and $1,476,000 would position this home well. Relative to what's currently available in STEINER RANCH, this home would be the 2nd least expensive of 4 comparable homes on the market. This home's larger footprint (164 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.60 acres versus the area average of 0.40) contributes to the valuation. Right now, 4 similar properties are competing for buyers in STEINER RANCH, listed between $1,189,000 and $1,950,000. The 6 month price trend in STEINER RANCH: risen 1.8%. The best comp here is 908 Lakewood Hills TER, Austin TX 78732 at an adjusted value of $1,380,147, with a pool. With 7 comparable sales in STEINER 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