1631 RESACA BLVD, Austin TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $1,575,646. For a well positioned listing in LAKE POINTE, I'd target the $1,740,000 to $1,857,000 range. Among the similar homes currently available in LAKE POINTE, this price point stands out as competitive. At 524 sqft larger than the typical comp, the size difference factors into the valuation. At 0.82 acres, the lot is larger than the 0.32 acre comp average, which factors into pricing. The active market in LAKE POINTE includes 3 comparable homes priced from $1,500,000 to $2,200,000. Recent trends in LAKE POINTE show home values have risen 40.7% since 6 months ago. The most comparable recent sale is 12016 Preserve Vista TER, Austin TX 78738, with an adjusted value of $1,892,000; 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