Taking into account 5 nearby comparable sales, this property's estimated value comes to $1,037,149. If we were to list this property today, I'd recommend a list price in the $737,000 to $747,000 range. This home's position in the current LAKE POINTE market: the 4th most expensive of 7 comparable homes on the market among comparable properties. The 223 sqft size difference versus comparable sales is reflected in the adjusted values. 7 similar homes are currently available in LAKE POINTE, creating a balanced market for this price range. The 6 month price trend in LAKE POINTE: risen 12.2%. The best comp here is 12316 Carlsbad DR, Austin TX 78738 at an adjusted value of $963,432, with a smaller floor plan. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus