11623 Sonoma, Austin TX 78738

The estimated value of this property is $670,302, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $670,000 and $682,000. With 4 comparable homes on the market in LAKE POINTE, this price positions the property as the most expensive of 4 comparable homes on the market. The 332 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.15 acre lot (smaller than the 0.19 acre average) is reflected in the estimate. 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 43.3% since 6 months ago. The most comparable recent sale is 11804 Watercrest CT, Austin TX 78738, with an adjusted value of $684,259; with a larger floor plan. 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