The estimated value of this property is $1,554,150, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $1,595,000 and $1,728,000. In the current LAKE POINTE market with 0 similar homes available, this price represents no active comparable homes on the market. At 158 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a standout feature, with 2 of 7 comparable homes not offering one. Recent trends in LAKE POINTE show home values have fallen 7.1% since 6 months ago. The most comparable recent sale is 12027 Pleasant Panorama VW, Austin TX 78738, with an adjusted value of $1,372,479; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group