6400 Wallace CV, Austin TX 78750

After reviewing 4 recent transactions in LAKEWOOD, I estimate this property's value at $808,100. A competitive list price for this home right now would fall in the $784,000 to $832,000 range. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in LAKEWOOD's current inventory. Being 142 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 5 years newer than typical comps, the 1992 build date influences the valuation. Right now, 4 similar properties are competing for buyers in LAKEWOOD, listed between $740,000 and $1,100,000. Prices in LAKEWOOD have fallen 12.5% over the last 6 months. A similar home at 7304 Halbert DR, Austin TX 78750 carries an adjusted comparable value of $679,462, providing a strong data point. With 4 comparable sales in LAKEWOOD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group