5505 Lakemoore DR, Austin TX 78731

The comparable sales data (6 recent transactions in LAKEWOOD PARK) supports an estimated value of $779,410. The data suggests a list price between $452,000 and $462,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in LAKEWOOD PARK, this home would be the most expensive of 5 comparable homes on the market. Being 189 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1962 (8 years older than comps) is factored into the value estimate. Right now, 5 similar properties are competing for buyers in LAKEWOOD PARK, listed between $399,000 and $598,000. Prices in 78731 have fallen 15.8% over the last 6 months. A similar home at 6303 Shadow Valley DR, Austin TX 78731 carries an adjusted comparable value of $902,822, 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