12014 Pleasant Panorama, Austin TX 78738

The market data from 5 similar recent sales in LAKE POINTE points to a value of approximately $1,512,816. To sell within a reasonable timeframe at fair market value, the $1,681,000 to $1,772,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 6 comparable homes on the market comparable homes currently on the market in LAKE POINTE. Being 291 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 1 of 5 comparable sales didn't include one. 6 similar homes are currently available in LAKE POINTE, creating a balanced market for this price range. In LAKE POINTE, home values have risen approximately 6.7% over the past 6 months. One of the strongest data points is 11901 Preserve Vista TER, Austin TX 78738, adjusting to $1,680,982; with a smaller floor plan. 5 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