2803 Lenwood CT, Austin TX 78738

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $1,114,952. I'd recommend coming to market at $795,000 to $805,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in LAKE POINTE. At 263 sqft larger than the typical comp, the size difference factors into the valuation. With 4 similar homes currently listed in LAKE POINTE (a seller's market), competition is a factor to consider. The trend in LAKE POINTE shows prices have fallen 7.2% in the past 6 months. 12207 Carlsbad DR, Austin TX 78738 nearby adjusts to $980,231; with a smaller floor plan. Based on 6 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