After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $1,167,015. Pricing this home between $1,643,000 and $1,767,000 would put it in the competitive sweet spot for LAKEWIND ESTATES. Relative to what's currently available in LAKEWIND ESTATES, this home would be the most affordable of 5 comparable homes on the market. At 226 sqft smaller than the typical comp, the size difference factors into the valuation. At 9 years newer than typical comps, the 2014 build date influences the valuation. There are currently 5 similar homes on the market in LAKEWIND ESTATES, ranging from $1,295,000 to $2,599,000. Market data shows 78734 prices fallen 6.5% over the last half year. The closest comparable sale, 3701 Copper Ridge CT, Austin TX 78734 at an adjusted $1,122,480, is with a smaller floor plan. The comp data here (6 sales in LAKEWIND ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus