11809 Emerald Falls DR, Austin TX 78738

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $745,301. Pricing this home between $773,000 and $775,000 would put it in the competitive sweet spot for LAKE POINTE. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in LAKE POINTE's current inventory. The smaller lot (0.14 acres versus the area average of 0.20) contributes to the valuation. Current inventory shows 7 comparable homes in LAKE POINTE; a buyer's market based on recent absorption. Market data shows LAKE POINTE prices risen 43.3% over the last half year. The closest comparable sale, 11845 Sterling Panorama TER, Austin TX 78738 at an adjusted $699,398, is a strong comparable. The comp data here (5 sales in LAKE POINTE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus