12461 Fairfax Ridge PL, Austin TX 78738

My analysis of 5 comparable properties puts this home's estimated value at $1,679,849. Based on how the local market is moving, a list price between $1,646,000 and $1,713,000 would position this home well. Relative to what's currently available in LAKE POINTE, this home would be the 2nd most expensive of 4 comparable homes on the market. The 306 sqft size difference versus comparable sales is reflected in the adjusted values. Having a pool is a plus; 1 of the 5 comps lacked one. There are currently 4 similar homes on the market in LAKE POINTE, ranging from $1,495,000 to $2,650,000. The 6 month price trend in LAKE POINTE: fallen 17%. The best comp here is 1901 Sea Eagle VW, Austin TX 78738 at an adjusted value of $1,685,596, with a smaller floor plan. With 5 comparable sales in LAKE POINTE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group