11813 Lake Stone, Austin TX 78738

My analysis of 3 comparable properties puts this home's estimated value at $643,251. Based on how the local market is moving, a list price between $553,000 and $563,000 would position this home well. This home's position in the current LAKE POINTE market: the most expensive of 2 comparable homes on the market among comparable properties. The smaller lot (0.16 acres versus the area average of 0.19) contributes to the valuation. Current inventory shows 2 comparable homes in LAKE POINTE; a balanced market based on recent absorption. The 6 month price trend in LAKE POINTE: risen 10.6%. The best comp here is 2630 Cascade Falls DR, Austin TX 78738 at an adjusted value of $656,559, a strong comparable. With 3 comparable sales in LAKE POINTE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group