2002 Lake Shore DR, Austin TX 78746

Based on 4 closed sales in 78746, the data points to a value around $2,167,203 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,540,000 to $2,749,000. This pricing would rank the home as the most affordable of 5 comparable homes on the market in 78746's current inventory. Being built in 1999 (5 years newer than comps) is factored into the value estimate. Lot size matters here: 0.41 acres versus 0.44 for the typical comp. 5 similar homes are currently available in 78746, creating a buyer's market for this price range. Market data shows 78746 prices risen 1.7% over the last half year. The closest comparable sale, 4406 Falling Brook CV, Austin TX 78746 at an adjusted $2,131,738, is with a larger floor plan. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus