5602 Lemonwood DR, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,454,562. To generate strong buyer interest while maximizing value, I'd price this between $1,882,000 and $2,152,000. In the current LAKEWOOD market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. Being 1,064 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. There are currently 3 similar homes on the market in LAKEWOOD, ranging from $1,639,000 to $2,175,000. The trend in LAKEWOOD shows prices have fallen 13.3% in the past 6 months. 6320 Sprucewood DR, Austin TX 78731 nearby adjusts to $2,175,603; with a larger floor plan. 7 comparable transactions in LAKEWOOD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group