3021 Norco DR, Austin TX 78738

Based on 7 closed sales in LAKE POINTE, the data points to a value around $905,701 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $602,000 to $612,000. Buyers shopping in LAKE POINTE right now would see this as a well positioned option among 7 comparable homes. A pool adds market appeal. Only 7 minus 5 of the comps had one. Lot size matters here: 0.42 acres versus 0.25 for the typical comp. 7 similar homes are currently available in LAKE POINTE, creating a balanced market for this price range. Market data shows LAKE POINTE prices risen 6.7% over the last half year. The closest comparable sale, 3300 San Benito CT, Austin TX 78738 at an adjusted $943,373, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in LAKE POINTE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group