1919 Resaca BLVD, Austin TX 78738

Based on 3 closed sales in LAKE POINTE, the data points to a value around $1,588,903 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,059,000 to $1,069,000. This home's position in the current LAKE POINTE market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (314 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.49 acres versus 0.44 for the typical comp. The active market in LAKE POINTE includes 7 comparable homes priced from $939,000 to $2,200,000. Market data shows LAKE POINTE prices risen 43.3% over the last half year. The closest comparable sale, 1632 Resaca BLVD, Austin TX 78738 at an adjusted $1,747,784, is with a larger floor plan and a pool. The strength of this estimate comes from 3 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