The comparable sales data (7 recent transactions in LAKE POINTE) supports an estimated value of $1,236,370. The data suggests a list price between $1,029,000 and $1,039,000 would attract qualified buyers without leaving money on the table. This home's position in the current LAKE POINTE market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. A pool adds market appeal. Only 7 minus 3 of the comps had one. Lot size matters here: 0.28 acres versus 0.24 for the typical comp. 4 similar homes are currently available in LAKE POINTE, creating a seller's market for this price range. Prices in LAKE POINTE have fallen 7.2% over the last 6 months. A similar home at 10709 Pointe View DR, Austin TX 78738 carries an adjusted comparable value of $1,177,127, providing a strong data point. This estimate draws on 7 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
