2625 Sterling Panorama CT, Austin TX 78738

The market data from 4 similar recent sales in LAKE POINTE points to a value of approximately $846,715. To sell within a reasonable timeframe at fair market value, the $880,000 to $1,005,000 range is where I'd position this. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in LAKE POINTE. At 0.32 acres, the lot is larger than the 0.27 acre comp average, which factors into pricing. Buyers in LAKE POINTE have 2 comparable options right now, with asking prices between $875,000 and $2,825,000. In LAKE POINTE, home values have fallen approximately 17% over the past 6 months. One of the strongest data points is 2504 Sonoma CV, Austin TX 78738, adjusting to $1,004,915; a strong comparable. The 4 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