1601 Resaca BLVD, Austin TX 78738

The market data from 6 similar recent sales in LAKE POINTE points to a value of approximately $2,069,512. To sell within a reasonable timeframe at fair market value, the $2,432,000 to $3,176,000 range is where I'd position this. With 6 comparable homes on the market in LAKE POINTE, this price positions the property as the most affordable of 6 comparable homes on the market. The larger floor plan (1,213 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2000 construction puts this home 5 years older than the comp average, a factor in the pricing. 6 similar homes are currently available in LAKE POINTE, creating a buyer's market for this price range. In LAKE POINTE, home values have risen approximately 18.4% over the past 6 months. One of the strongest data points is 1632 Resaca BLVD, Austin TX 78738, adjusting to $2,149,430; with a smaller floor plan. 6 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