1600 Resaca BLVD, Austin TX 78738

The market data from 7 similar recent sales in LAKE POINTE points to a value of approximately $1,265,817. To sell within a reasonable timeframe at fair market value, the $1,362,000 to $1,514,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in LAKE POINTE. Being 376 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.32 acres, the lot is larger than the 0.29 acre comp average, which factors into pricing. Buyers in LAKE POINTE have 5 comparable options right now, with asking prices between $1,250,000 and $1,749,000. In LAKE POINTE, home values have risen approximately 12.2% over the past 6 months. One of the strongest data points is 11901 Pleasant Panorama VW, Austin TX 78738, adjusting to $1,322,419; with a smaller floor plan and a pool. The 7 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