11501 Lake Stone DR, Austin TX 78738

The estimated value of this property is $1,297,181, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,415,000 and $1,444,000. With 6 comparable homes on the market in LAKES EDGE, this price positions the property as the most affordable of 6 comparable homes on the market. Built in 2018, this home is 10 years newer than the average comp, which is reflected in the adjustments. The 0.19 acre lot (smaller than the 0.23 acre average) is reflected in the estimate. 6 similar homes are currently available in LAKES EDGE, creating a buyer's market for this price range. Recent trends in 78738 show home values have risen 2.4% since 6 months ago. The most comparable recent sale is 10720 Straw Flower DR, Austin TX 78733, with an adjusted value of $1,370,422; a strong comparable. Based on 3 relevant data points in LAKES EDGE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX