5702 Lakemoore DR, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $633,546. To generate strong buyer interest while maximizing value, I'd price this between $409,000 and $419,000. In the current LAKEWOOD PARK market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Being 182 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1962 construction puts this home 15 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in LAKEWOOD PARK, creating a buyer's market for this price range. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 6004 Shadow Valley CV # B, Austin TX 78731 nearby adjusts to $520,546; a strong comparable. 7 comparable transactions in LAKEWOOD PARK 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