6506 Brownwood CT, Austin TX 78731

My analysis of 7 comparable properties puts this home's estimated value at $1,081,925. Based on how the local market is moving, a list price between $925,000 and $935,000 would position this home well. This home's position in the current LAKEWOOD market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (360 sqft vs the comp average) plays a role in how the market prices it. Having a pool is a plus; 6 of the 7 comps lacked one. Current inventory shows 7 comparable homes in LAKEWOOD; a balanced market based on recent absorption. The 6 month price trend in LAKEWOOD: fallen 15%. The best comp here is 5604 Blueridge CT, Austin TX 78731 at an adjusted value of $1,369,498, with a larger floor plan and no pool. The comp data here (7 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