3705 WESTLAKE DR, Austin TX 78746

Based on 4 closed sales in LAKE SHORE, the data points to a value around $4,583,796 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $3,290,000 to $3,300,000. Buyers shopping in LAKE SHORE right now would see this as a well positioned option among 4 comparable homes. At 818 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 1.85 acres versus 1.76 for the typical comp. With 4 similar homes currently listed in LAKE SHORE (a buyer's market), competition is a factor to consider. Market data shows 78746 prices fallen 5.8% over the last half year. The closest comparable sale, 600 Logans LN, Austin TX 78746 at an adjusted $6,236,328, is with a larger floor plan. This estimate draws on 4 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