12304 Carlsbad DR, Austin TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $1,027,834. For a well positioned listing in LAKE POINTE, I'd target the $1,130,000 to $1,236,000 range. In the current LAKE POINTE market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. At 0.26 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. 4 similar homes are currently available in LAKE POINTE, creating a balanced market for this price range. Recent trends in LAKE POINTE show home values have fallen 1.5% since 6 months ago. The most comparable recent sale is 12316 Carlsbad DR, Austin TX 78738, with an adjusted value of $1,021,317; 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