11908 Preserve Vista TER, Austin TX 78738

The comparable sales data (7 recent transactions in LAKE POINTE) supports an estimated value of $1,384,021. The data suggests a list price between $1,154,000 and $1,164,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 4 active listings in LAKE POINTE. Being 228 sqft larger than the average comparable sale in this area impacts the per square foot value. A pool adds market appeal. Only 7 minus 1 of the comps had one. Current inventory shows 4 comparable homes in LAKE POINTE; a buyer's market based on recent absorption. Prices in LAKE POINTE have risen 12.2% over the last 6 months. A similar home at 12309 Carlsbad DR, Austin TX 78738 carries an adjusted comparable value of $1,674,069, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in LAKE POINTE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group