12425 Fairfax Ridge PL, Austin TX 78738

Based on 7 closed sales in LAKE POINTE, the data points to a value around $846,154 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $874,000 to $919,000. Buyers shopping in LAKE POINTE right now would see this as a well positioned option among 3 comparable homes. Right now, 3 similar properties are competing for buyers in LAKE POINTE, listed between $985,000 and $2,390,000. Market data shows LAKE POINTE prices fallen 3.7% over the last half year. The closest comparable sale, 12406 Carlsbad, Austin TX 78738 at an adjusted $755,998, is a strong comparable. 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