12001 Lake Stone DR, Austin TX 78738

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,076,579. To generate strong buyer interest while maximizing value, I'd price this between $1,110,000 and $1,177,000. Against 3 similar active listings in LAKE POINTE, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 163 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.26 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. Buyers in LAKE POINTE have 3 comparable options right now, with asking prices between $950,000 and $1,350,000. The trend in LAKE POINTE shows prices have fallen 17% in the past 6 months. 2804 Lenwood CT, Austin TX 78738 nearby adjusts to $994,698; a strong comparable. 7 comparable transactions in LAKE POINTE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group