6400 WALLACE CV, Austin TX 78750

Based on 7 closed sales in LAKEWOOD, the data points to a value around $693,989 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $861,000 to $960,000. Relative to what's currently available in LAKEWOOD, this home would be the most affordable of 3 comparable homes on the market. The smaller floor plan (101 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.00 acres versus 0.36 for the typical comp. Current inventory shows 3 comparable homes in LAKEWOOD; a buyer's market based on recent absorption. Market data shows LAKEWOOD prices fallen 4.1% over the last half year. The closest comparable sale, 6415 Wallace CV, Austin TX 78750 at an adjusted $321,516, is with a smaller floor plan. This estimate draws on 7 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