12109 Carlsbad DR, Austin TX 78738

The estimated value of this property is $860,386, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $938,000 and $949,000. Against 3 similar active listings in LAKE POINTE, this price point lands at the most affordable of 3 comparable homes on the market. The larger floor plan (126 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 3 comparable homes in LAKE POINTE; a balanced market based on recent absorption. Recent trends in LAKE POINTE show home values have risen 9.7% since 6 months ago. The most comparable recent sale is 12316 Carlsbad DR, Austin TX 78738, with an adjusted value of $948,926; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group