5705 Lakemoore DR, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $643,091. To generate strong buyer interest while maximizing value, I'd price this between $397,000 and $407,000. Against 7 similar active listings in LAKEWOOD PARK, this price point lands at the most expensive of 7 comparable homes on the market. The 234 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 7 comparable homes in LAKEWOOD PARK; a buyer's market based on recent absorption. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 6706 Fort Davis CV # A, Austin TX 78731 nearby adjusts to $490,241; with a larger floor plan. 3 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