2517 Sonoma CV, Austin TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $756,821. For a well positioned listing in LAKE POINTE, I'd target the $641,000 to $651,000 range. Against 5 similar active listings in LAKE POINTE, this price point lands at the most expensive of 5 comparable homes on the market. At 129 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.14 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. Buyers in LAKE POINTE have 5 comparable options right now, with asking prices between $649,000 and $950,000. Recent trends in LAKE POINTE show home values have risen 9.7% since 6 months ago. The most comparable recent sale is 11533 Emerald Falls DR, Austin TX 78738, with an adjusted value of $860,955; with a larger floor plan. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group