3601 Fowler DR, Austin TX 78738

Based on 7 closed sales in LAKE POINTE, the data points to a value around $889,786 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $782,000 to $792,000. This home's position in the current LAKE POINTE market: the 4th most expensive of 7 comparable homes on the market among comparable properties. Being 109 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.48 acres versus 0.28 for the typical comp. With 7 similar homes currently listed in LAKE POINTE (a buyer's market), competition is a factor to consider. Market data shows LAKE POINTE prices risen 4.2% over the last half year. The closest comparable sale, 12401 Fairfax Ridge PL, Austin TX 78738 at an adjusted $662,210, is with a larger floor plan. 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