3112 Portola CT, Austin TX 78738

The estimated value of this property is $721,087, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $389,000 and $399,000. Against 7 similar active listings in LAKE POINTE, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in LAKE POINTE; a balanced market based on recent absorption. Recent trends in LAKE POINTE show home values have risen 6.7% since 6 months ago. The most comparable recent sale is 3312 Marin CT, Austin TX 78738, with an adjusted value of $667,443; a strong comparable. With 7 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