3600 Normandy Ridge LN, Austin TX 78738

Based on 6 closed sales in LAKE POINTE, the data points to a value around $839,782 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $440,000 to $450,000. This home's position in the current LAKE POINTE market: the most expensive of 4 comparable homes on the market among comparable properties. The larger floor plan (107 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.31 acres versus 0.28 for the typical comp. There are currently 4 similar homes on the market in LAKE POINTE, ranging from $399,999 to $649,000. Market data shows LAKE POINTE prices risen 6.7% over the last half year. The closest comparable sale, 2504 Sonoma CV, Austin TX 78738 at an adjusted $1,006,714, is a strong comparable. The strength of this estimate comes from 6 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