3516 Arvin DR, Austin TX 78738

Based on 7 closed sales in LAKE POINTE, the data points to a value around $808,263 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $690,000 to $700,000. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in LAKE POINTE's current inventory. Lot size matters here: 0.44 acres versus 0.28 for the typical comp. There are currently 7 similar homes on the market in LAKE POINTE, ranging from $675,000 to $1,699,000. Market data shows LAKE POINTE prices risen 43.3% over the last half year. The closest comparable sale, 2900 Etna DR, Austin TX 78738 at an adjusted $758,402, 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