3130 Lomita DR, Austin TX 78738

Taking into account 3 nearby comparable sales, this property's estimated value comes to $640,952. If we were to list this property today, I'd recommend a list price in the $559,000 to $569,000 range. This home's position in the current LAKE POINTE market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. The smaller floor plan (247 sqft compared to the average comp) is a meaningful differentiator in this price range. With 4 similar homes currently listed in LAKE POINTE (a buyer's market), competition is a factor to consider. The 6 month price trend in LAKE POINTE: risen 17.7%. The best comp here is 3420 Benecia CT, Austin TX 78738 at an adjusted value of $630,712, with a larger floor plan. The strength of this estimate comes from 3 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