5503 Lakemoore DR, Austin TX 78731

The market data from 7 similar recent sales in LAKEWOOD PARK points to a value of approximately $2,111,490. To sell within a reasonable timeframe at fair market value, the $2,773,000 to $2,809,000 range is where I'd position this. Against 5 similar active listings in LAKEWOOD PARK, this price point lands at the 2nd least expensive of 5 comparable homes on the market. The 2019 construction puts this home 17 years newer than the comp average, a factor in the pricing. 5 similar homes are currently available in LAKEWOOD PARK, creating a balanced market for this price range. In 78731, home values have risen approximately 11.8% over the past 6 months. One of the strongest data points is 7607 Creekbluff DR, Austin TX 78750, adjusting to $2,038,354; with a larger floor plan and a 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