11914 Pleasant Panorama VW, Austin TX 78738

After reviewing 7 recent transactions in LAKE POINTE, I estimate this property's value at $1,378,604. A competitive list price for this home right now would fall in the $1,102,000 to $1,112,000 range. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in LAKE POINTE's current inventory. The 239 sqft size difference versus comparable sales is reflected in the adjusted values. At 5 years newer than typical comps, the 2010 build date influences the valuation. Current inventory shows 7 comparable homes in LAKE POINTE; a seller's market based on recent absorption. Prices in LAKE POINTE have fallen 10.1% over the last 6 months. A similar home at 12000 Preserve Vista TER, Austin TX 78738 carries an adjusted comparable value of $1,607,241, providing a strong data point. With 7 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