5600 Lemonwood DR, Austin TX 78731

7 recent sales within a mile of this address suggest a current value of $1,144,330. My recommended list price range for this property would be $1,461,000 to $1,547,000. In the current LAKEWOOD market with 5 similar homes available, this price represents the most affordable of 5 comparable homes on the market. The larger floor plan (710 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 6 of 7 comparable homes not offering one. Right now, 5 similar properties are competing for buyers in LAKEWOOD, listed between $1,100,000 and $1,699,000. In LAKEWOOD, home values have fallen approximately 15% over the past 6 months. One of the strongest data points is 5604 Blueridge CT, Austin TX 78731, adjusting to $1,461,376; with no pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group