11821 Sterling Panorama TER, Austin TX 78738

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $878,053. I'd recommend coming to market at $1,020,000 to $1,067,000 to strike the right balance between value and market velocity. In the current LAKE POINTE market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. At 190 sqft larger than the typical comp, the size difference factors into the valuation. With 4 similar homes currently listed in LAKE POINTE (a buyer's market), competition is a factor to consider. The trend in LAKE POINTE shows prices have fallen 0.7% in the past 6 months. 2212 Rimrock DR, Austin TX 78738 nearby adjusts to $865,276; with a smaller floor plan. Based on 7 relevant data points in LAKE POINTE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX