6501 Brownwood CT, Austin TX 78731

My analysis of 3 comparable properties puts this home's estimated value at $1,752,375. Based on how the local market is moving, a list price between $1,235,000 and $1,245,000 would position this home well. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in LAKEWOOD's current inventory. Being 227 sqft larger than the average comparable sale in this area impacts the per square foot value. At 9 years older than typical comps, the 1957 build date influences the valuation. Current inventory shows 7 comparable homes in LAKEWOOD; a balanced market based on recent absorption. The 6 month price trend in LAKEWOOD: fallen 13.3%. The best comp here is 4011 N Hills DR, Austin TX 78731 at an adjusted value of $1,438,143, a strong comparable. The comp data here (3 sales in LAKEWOOD) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus