12113 Lake Stone DR, Austin TX 78738

The comparable sales data (6 recent transactions in LAKE POINTE) supports an estimated value of $879,128. The data suggests a list price between $942,000 and $1,059,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in LAKE POINTE's current inventory. The larger floor plan (106 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.31 acres versus 0.28 for the typical comp. 3 similar homes are currently available in LAKE POINTE, creating a seller's market for this price range. Prices in LAKE POINTE have fallen 17% over the last 6 months. A similar home at 12406 Carlsbad, Austin TX 78738 carries an adjusted comparable value of $769,603, providing a strong data point. The strength of this estimate comes from 6 directly comparable sales in LAKE POINTE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group