1400 Rockcliff RD, Austin TX 78746

After reviewing 7 recent transactions in LAKECLIFF, I estimate this property's value at $5,441,180. A competitive list price for this home right now would fall in the $6,241,000 to $6,337,000 range. This home's position in the current LAKECLIFF market: the most affordable of 3 comparable homes on the market among comparable properties. The 3,449 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (1.46 acres versus the area average of 0.95) contributes to the valuation. The active market in LAKECLIFF includes 3 comparable homes priced from $5,495,000 to $15,900,000. Prices in 78746 have risen 1.7% over the last 6 months. A similar home at 3806 Spirit Lake CV, Austin TX 78746 carries an adjusted comparable value of $6,241,452, providing a strong data point. With 7 comparable sales in LAKECLIFF, 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