11533 Emerald Falls DR, Austin TX 78738

Based on 5 closed sales in LAKE POINTE, the data points to a value around $742,343 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $779,000 to $781,000. Relative to what's currently available in LAKE POINTE, this home would be the 3rd least expensive of 7 comparable homes on the market. At 146 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.15 acres versus 0.20 for the typical comp. Buyers in LAKE POINTE have 7 comparable options right now, with asking prices between $685,000 and $1,749,000. Market data shows LAKE POINTE prices risen 34.3% over the last half year. The closest comparable sale, 11845 Sterling Panorama TER, Austin TX 78738 at an adjusted $712,315, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in LAKE POINTE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group