The comparable sales data (4 recent transactions in LAKEWOOD) supports an estimated value of $761,324. The data suggests a list price between $650,000 and $660,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most expensive of 3 comparable homes on the market in LAKEWOOD's current inventory. The larger floor plan (265 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 4 minus 4 of the comps had one. There are currently 3 similar homes on the market in LAKEWOOD, ranging from $599,000 to $799,000. Prices in LAKEWOOD have fallen 0.2% over the last 6 months. A similar home at 6501 Robbie Creek CV, Austin TX 78750 carries an adjusted comparable value of $830,517, providing a strong data point. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus