12461 Fairfax Ridge PL, Austin TX 78738

My analysis of 4 comparable properties puts this home's estimated value at $1,678,970. Based on how the local market is moving, a list price between $1,335,000 and $1,345,000 would position this home well. Relative to what's currently available in LAKE POINTE, this home would be the most expensive of 3 comparable homes on the market. The 431 sqft size difference versus comparable sales is reflected in the adjusted values. Having a pool is a plus; 1 of the 4 comps lacked one. There are currently 3 similar homes on the market in LAKE POINTE, ranging from $1,149,900 to $1,695,000. The 6 month price trend in LAKE POINTE: fallen 1.5%. The best comp here is 1719 Resaca BLVD, Austin TX 78738 at an adjusted value of $1,581,175, with a larger floor plan and no pool. With 4 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