15086 JOSEPH DR, Austin TX 78734

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,193,668. I'd recommend coming to market at $665,000 to $675,000 to strike the right balance between value and market velocity. Against 5 similar active listings in PRESERVE LAKEWAY, this price point lands at the most expensive of 5 comparable homes on the market. The 0.45 acre lot (larger than the 0.37 acre average) is reflected in the estimate. With 5 similar homes currently listed in PRESERVE LAKEWAY (a buyer's market), competition is a factor to consider. The trend in 78734 shows prices have fallen 10.7% in the past 6 months. 15412 Barrie DR, Austin TX 78734 nearby adjusts to $996,103; with a smaller floor plan. Based on 7 relevant data points in PRESERVE LAKEWAY, 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