1605 Sundown DR, Austin TX 78738

Based on 4 closed sales in LAKE POINTE, the data points to a value around $658,444 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $664,000 to $676,000. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in LAKE POINTE's current inventory. This home's smaller footprint (226 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.14 acres versus 0.19 for the typical comp. 3 similar homes are currently available in LAKE POINTE, creating a buyer's market for this price range. Market data shows LAKE POINTE prices risen 43.3% over the last half year. The closest comparable sale, 2630 Cascade Falls DR, Austin TX 78738 at an adjusted $644,065, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in LAKE POINTE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group