12416 Fairfax Ridge PL, Austin TX 78738

The comparable sales data (7 recent transactions in LAKE POINTE) supports an estimated value of $1,004,263. The data suggests a list price between $1,045,000 and $1,103,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 3rd most expensive of 5 comparable homes on the market in LAKE POINTE's current inventory. The larger floor plan (217 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.27 acres versus 0.22 for the typical comp. The active market in LAKE POINTE includes 5 comparable homes priced from $899,000 to $2,390,000. Prices in LAKE POINTE have risen 9.6% over the last 6 months. A similar home at 12452 Fairfax Ridge PL, Austin TX 78738 carries an adjusted comparable value of $830,216, providing a strong data point. The strength of this estimate comes from 7 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