5500 Lakemoore DR, Austin TX 78731

The comparable sales data (6 recent transactions in LAKEWOOD PARK) supports an estimated value of $1,650,937. The data suggests a list price between $1,407,000 and $1,417,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in LAKEWOOD PARK, this home would be the 3rd least expensive of 7 comparable homes on the market. Being 220 sqft larger than the average comparable sale in this area impacts the per square foot value. A pool adds market appeal. Only 6 minus 1 of the comps had one. Right now, 7 similar properties are competing for buyers in LAKEWOOD PARK, listed between $1,479,500 and $2,750,000. Prices in 78731 have fallen 10.7% over the last 6 months. A similar home at 5301 Backtrail DR, Austin TX 78731 carries an adjusted comparable value of $1,430,185, providing a strong data point. The strength of this estimate comes from 6 directly comparable sales in LAKEWOOD PARK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group