11609 Sonoma DR, Austin TX 78738

Based on 3 closed sales in LAKE POINTE, the data points to a value around $810,680 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $618,000 to $628,000. This pricing would rank the home as the 2nd most expensive of 6 comparable homes on the market in LAKE POINTE's current inventory. The 270 sqft size difference versus comparable sales is reflected in the adjusted values. 6 similar homes are currently available in LAKE POINTE, creating a balanced market for this price range. Market data shows LAKE POINTE prices fallen 1.5% over the last half year. The closest comparable sale, 11533 Emerald Falls DR, Austin TX 78738 at an adjusted $922,619, is with a smaller floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus