1907 Lakeshore DR, Austin TX 78746

After reviewing 5 recent transactions in LAKE SHORE, I estimate this property's value at $1,618,818. A competitive list price for this home right now would fall in the $1,172,000 to $1,182,000 range. This would position the home competitively among 7 active listings in LAKE SHORE. Having a pool is a plus; 3 of the 5 comps lacked one. The larger lot (0.96 acres versus the area average of 0.84) contributes to the valuation. Current inventory shows 7 comparable homes in LAKE SHORE; a buyer's market based on recent absorption. Prices in 78746 have risen 23.9% over the last 6 months. A similar home at 1414 Redbud TRL, West Lake Hills TX 78746 carries an adjusted comparable value of $2,378,142, providing a strong data point. The comp data here (5 sales in LAKE SHORE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus