Reviewing the most recent comparable transactions, this home's market value falls around $1,966,096. For a well positioned listing in LAKEWIND ESTATES, I'd target the $2,215,000 to $2,360,000 range. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in LAKEWIND ESTATES. At 669 sqft larger than the typical comp, the size difference factors into the valuation. The 2012 construction puts this home 10 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in LAKEWIND ESTATES, creating a buyer's market for this price range. Recent trends in 78734 show home values have fallen 10% since 6 months ago. The most comparable recent sale is 201 BELLA CIMA DR, Austin TX 78734, with an adjusted value of $2,155,953; with a pool. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group
