5708 Driftwood DR, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,401,275. To generate strong buyer interest while maximizing value, I'd price this between $1,036,000 and $1,046,000. In the current LAKEWOOD market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The pool is a differentiator here, since 1 of 7 comparable sales didn't include one. The 2017 construction puts this home 32 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in LAKEWOOD (a buyer's market), competition is a factor to consider. The trend in LAKEWOOD shows prices have risen 2.5% in the past 6 months. 4700 Cat Mountain DR, Austin TX 78731 nearby adjusts to $1,770,239; 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