2720 Cascade Falls DR, Austin TX 78738

The estimated value of this property is $594,948, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $577,000 and $613,000. In the current LAKE POINTE market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. This home's smaller footprint (359 sqft vs the comp average) plays a role in how the market prices it. The 0.19 acre lot (smaller than the 0.23 acre average) is reflected in the estimate. Right now, 4 similar properties are competing for buyers in LAKE POINTE, listed between $511,500 and $649,900. Recent trends in LAKE POINTE show home values have risen 32.5% since 6 months ago. The most comparable recent sale is 11543 Emerald Falls DR, Austin TX 78738, with an adjusted value of $563,946; with a larger floor plan. Based on 4 relevant data points in LAKE POINTE, 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