11712 EMERALD FALLS DR, Austin TX 78738

The estimated value of this property is $807,063, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $692,000 and $702,000. Against 7 similar active listings in LAKE POINTE, this price point lands at the 3rd most expensive of 7 comparable homes on the market. At 237 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 7 comparable homes in LAKE POINTE; a seller's market based on recent absorption. Recent trends in LAKE POINTE show home values have risen 8.4% since 6 months ago. The most comparable recent sale is 11533 Emerald Falls DR, Austin TX 78738, with an adjusted value of $918,015; with a smaller 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