4307 Eck LN # 107, Austin TX 78734

After reviewing 7 recent transactions in LAKE PARK, I estimate this property's value at $318,815. A competitive list price for this home right now would fall in the $312,000 to $325,000 range. Buyers shopping in LAKE PARK right now would see this as a well positioned option among 7 comparable homes. At 7 years newer than typical comps, the 2000 build date influences the valuation. The larger lot (0.25 acres versus the area average of 0.14) 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 10.4% over the last 6 months. A similar home at 2918 Ranch Road 620 N # Y199, Austin TX 78734 carries an adjusted comparable value of $382,631, providing a strong data point. With 7 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