1506 Resaca BLVD, Austin TX 78738

The market data from 4 similar recent sales in LAKE POINTE points to a value of approximately $1,457,216. To sell within a reasonable timeframe at fair market value, the $1,413,000 to $1,501,000 range is where I'd position this. With 4 comparable homes on the market in LAKE POINTE, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. This home's larger footprint (127 sqft vs the comp average) plays a role in how the market prices it. Right now, 4 similar properties are competing for buyers in LAKE POINTE, listed between $1,500,000 and $1,749,000. In LAKE POINTE, home values have risen approximately 43.3% over the past 6 months. One of the strongest data points is 11901 Pleasant Panorama VW, Austin TX 78738, adjusting to $1,425,390; with a smaller floor plan and a pool. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group