12472 Fairfax Ridge PL, Austin TX 78738

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,435,914. I'd recommend coming to market at $1,659,000 to $1,692,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in LAKE POINTE, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in LAKE POINTE; a buyer's market based on recent absorption. The trend in LAKE POINTE shows prices have fallen 3.7% in the past 6 months. 1715 Palisades Pointe LN, Austin TX 78738 nearby adjusts to $1,199,414; with a larger floor plan and a pool. Based on 5 relevant data points in LAKE POINTE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX