2908 WESTLAKE CV, Austin TX 78746

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $653,799. I'd recommend coming to market at $1,341,000 to $2,041,000 to strike the right balance between value and market velocity. In the current LAGO VILLA market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. This home's smaller footprint (320 sqft vs the comp average) plays a role in how the market prices it. Built in 1975, this home is 9 years older than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in LAGO VILLA, creating a buyer's market for this price range. The trend in 78746 shows prices have risen 9.5% in the past 6 months. 4231 Westlake DR, Austin TX 78746 nearby adjusts to $575,238; with a larger floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group