11616 Emerald Falls DR, Austin TX 78738

The estimated value of this property is $640,127, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $529,000 and $539,000. Against 4 similar active listings in LAKE POINTE, this price point lands at the most expensive of 4 comparable homes on the market. The smaller floor plan (101 sqft compared to the average comp) is a meaningful differentiator in this price range. With 4 similar homes currently listed in LAKE POINTE (a buyer's market), competition is a factor to consider. Recent trends in LAKE POINTE show home values have risen 12.2% since 6 months ago. The most comparable recent sale is 2630 Cascade Falls DR, Austin TX 78738, with an adjusted value of $621,282; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group