12008 Nevada DR, Austin TX 78738

My analysis of 7 comparable properties puts this home's estimated value at $917,111. Based on how the local market is moving, a list price between $908,000 and $928,000 would position this home well. This pricing would rank the home as the most expensive of 3 comparable homes on the market in LAKE POINTE's current inventory. The larger lot (0.48 acres versus the area average of 0.28) contributes to the valuation. Right now, 3 similar properties are competing for buyers in LAKE POINTE, listed between $829,000 and $995,000. The 6 month price trend in LAKE POINTE: risen 12.2%. The best comp here is 12401 Fairfax Ridge PL, Austin TX 78738 at an adjusted value of $671,902, a strong comparable. The comp data here (7 sales in LAKE POINTE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus