3416 Normandy Ridge LN, Austin TX 78738

After reviewing 7 recent transactions in LAKE POINTE, I estimate this property's value at $993,043. A competitive list price for this home right now would fall in the $1,114,000 to $1,239,000 range. This home's position in the current LAKE POINTE market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. Having a pool is a plus; 3 of the 7 comps lacked one. Current inventory shows 3 comparable homes in LAKE POINTE; a buyer's market based on recent absorption. Prices in LAKE POINTE have risen 43.3% over the last 6 months. A similar home at 12400 Fairfax Ridge PL, Austin TX 78738 carries an adjusted comparable value of $1,041,369, providing a strong data point. The comp data here (7 sales in LAKE POINTE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus