4307 Eck LN # 107, Austin TX 78734

After reviewing 6 recent transactions in LAKE PARK, I estimate this property's value at $378,914. A competitive list price for this home right now would fall in the $240,000 to $250,000 range. Buyers shopping in LAKE PARK right now would see this as a well positioned option among 7 comparable homes. The larger lot (0.25 acres versus the area average of 0.21) contributes to the valuation. Current inventory shows 7 comparable homes in LAKE PARK; a buyer's market based on recent absorption. Prices in 78734 have risen 6% over the last 6 months. A similar home at 3139 Chisholm TRL, Austin TX 78734 carries an adjusted comparable value of $376,424, providing a strong data point. With 6 comparable sales in LAKE PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group