2806 Westlake DR, Austin TX 78746

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,810,885. I'd recommend coming to market at $1,775,000 to $1,847,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in WEST LAKE PLACE. Built in 1994, this home is 5 years newer than the average comp, which is reflected in the adjustments. The 0.21 acre lot (smaller than the 0.61 acre average) is reflected in the estimate. 7 similar homes are currently available in WEST LAKE PLACE, creating a balanced market for this price range. The trend in 78746 shows prices have fallen 11.1% in the past 6 months. 1733 Canonero DR, Austin TX 78746 nearby adjusts to $1,386,777; with a larger floor plan. Based on 7 relevant data points in WEST LAKE PLACE, 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