2226 Westlake DR # 8, Austin TX 78746

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,023,185. I'd recommend coming to market at $1,003,000 to $1,044,000 to strike the right balance between value and market velocity. Against 2 similar active listings in LAS COLINAS LAKE AUSTIN CONDO, this price point lands at the most expensive of 2 comparable homes on the market. The smaller floor plan (297 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2007, this home is 11 years newer than the average comp, which is reflected in the adjustments. Right now, 2 similar properties are competing for buyers in LAS COLINAS LAKE AUSTIN CONDO, listed between $675,000 and $885,000. The trend in 78746 shows prices have fallen 2.6% in the past 6 months. 2226 Westlake DR # 3, Austin TX 78746 nearby adjusts to $716,780; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group