5012 Lakeview DR, Austin TX 78732

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,863,335. To generate strong buyer interest while maximizing value, I'd price this between $2,256,000 and $4,966,000. In the current HUGHES PARK LAKE market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The 1,949 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 2 of 7 comparable sales didn't include one. Current inventory shows 3 comparable homes in HUGHES PARK LAKE; a buyer's market based on recent absorption. The trend in 78732 shows prices have risen 0% in the past 6 months. 13612 Flat Top Ranch RD, Austin TX 78732 nearby adjusts to $1,349,640; with a smaller floor plan and no pool. The 7 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