1516 Palisades Pointe LN, Austin TX 78738

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,439,244. To generate strong buyer interest while maximizing value, I'd price this between $1,396,000 and $1,482,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in LAKE POINTE. The 721 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.39 acres, the lot is smaller than the 0.43 acre comp average, which factors into pricing. With 1 similar homes currently listed in LAKE POINTE (a seller's market), competition is a factor to consider. The trend in LAKE POINTE shows prices have fallen 10.1% in the past 6 months. 1715 Palisades Pointe LN, Austin TX 78738 nearby adjusts to $1,263,921; with a smaller floor plan and a pool. 3 comparable transactions in LAKE POINTE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group