The comparable sales data (7 recent transactions in LAKE POINTE) supports an estimated value of $1,231,788. The data suggests a list price between $1,053,000 and $1,063,000 would attract qualified buyers without leaving money on the table. This home's position in the current LAKE POINTE market: the most expensive of 5 comparable homes on the market among comparable properties. This home's larger footprint (179 sqft vs the comp average) plays a role in how the market prices it. Being built in 2007 (7 years newer than comps) is factored into the value estimate. 5 similar homes are currently available in LAKE POINTE, creating a buyer's market for this price range. Prices in LAKE POINTE have risen 43.3% over the last 6 months. A similar home at 10709 Pointe View DR, Austin TX 78738 carries an adjusted comparable value of $1,176,956, 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
