2200 Cades Spirit BND, Austin TX 78738

The estimated value of this property is $1,815,791, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $2,773,000 and $2,823,000. With 7 comparable homes on the market in LAKES EDGE, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Built in 2018, this home is 11 years newer than the average comp, which is reflected in the adjustments. The 0.24 acre lot (smaller than the 0.71 acre average) is reflected in the estimate. The active market in LAKES EDGE includes 7 comparable homes priced from $1,650,000 to $4,750,000. Recent trends in 78738 show home values have fallen 2.4% since 6 months ago. The most comparable recent sale is 2116 Cades Spirit BND # 19, Austin TX 78738, with an adjusted value of $1,652,373; with a smaller floor plan. Based on 7 relevant data points in LAKES EDGE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX