The estimated value of this property is $1,712,149, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $2,318,000 and $3,131,000. Among the similar homes currently available in LAKE POINTE, this price point stands out as competitive. The 324 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a standout feature, with 1 of 4 comparable homes not offering one. There are currently 6 similar homes on the market in LAKE POINTE, ranging from $1,499,000 to $3,990,000. Recent trends in LAKE POINTE show home values have risen 13.2% since 6 months ago. The most comparable recent sale is 11901 Preserve Vista TER, Austin TX 78738, with an adjusted value of $1,801,007; with a smaller floor plan. Based on 4 relevant data points in LAKE POINTE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX