6504 Deer Hollow LN, Austin TX 78750

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $891,548. I'd recommend coming to market at $939,000 to $969,000 to strike the right balance between value and market velocity. In the current LAKEWOOD market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 548 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1992, this home is 10 years newer than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in LAKEWOOD (a balanced market), competition is a factor to consider. The trend in LAKEWOOD shows prices have fallen 13.3% in the past 6 months. 6401 Cascada DR, Austin TX 78750 nearby adjusts to $847,254; with a smaller floor plan. Based on 4 relevant data points in LAKEWOOD, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX