2913 Westlake CV, Austin TX 78746

After reviewing 7 recent transactions in LAGO VILLA, I estimate this property's value at $2,724,299. A competitive list price for this home right now would fall in the $3,751,000 to $3,834,000 range. Relative to what's currently available in LAGO VILLA, this home would be the 2nd least expensive of 7 comparable homes on the market. At 5 years newer than typical comps, the 2009 build date influences the valuation. The larger lot (0.80 acres versus the area average of 0.72) contributes to the valuation. Current inventory shows 7 comparable homes in LAGO VILLA; a buyer's market based on recent absorption. Prices in 78746 have risen 2% over the last 6 months. A similar home at 4800 Toreador DR, Austin TX 78746 carries an adjusted comparable value of $2,875,482, providing a strong data point. With 7 comparable sales in LAGO VILLA, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group