2601 Cascade Falls DR, Austin TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $746,484. For a well positioned listing in LAKE POINTE, I'd target the $724,000 to $769,000 range. Among the similar homes currently available in LAKE POINTE, this price point stands out as competitive. This home's larger footprint (118 sqft vs the comp average) plays a role in how the market prices it. At 0.32 acres, the lot is larger than the 0.28 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in LAKE POINTE; a buyer's market based on recent absorption. Recent trends in LAKE POINTE show home values have risen 43.3% since 6 months ago. The most comparable recent sale is 2900 Etna DR, Austin TX 78738, with an adjusted value of $718,168; a strong comparable. The 5 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