12101 Lake Stone DR, Austin TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $955,243. For a well positioned listing in LAKE POINTE, I'd target the $1,082,000 to $1,103,000 range. With 4 comparable homes on the market in LAKE POINTE, this price positions the property as the most affordable of 4 comparable homes on the market. At 0.31 acres, the lot is larger than the 0.27 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in LAKE POINTE; a balanced market based on recent absorption. Recent trends in LAKE POINTE show home values have risen 6.7% since 6 months ago. The most comparable recent sale is 11902 Loomis DR, Austin TX 78738, with an adjusted value of $875,440; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group