6507 Lakewood DR, Austin TX 78731

The estimated value of this property is $778,757, based on 5 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $576,000 and $586,000. With 7 comparable homes on the market in LAKEWOOD, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Built in 1962, this home is 7 years older than the average comp, which is reflected in the adjustments. The 0.36 acre lot (larger than the 0.32 acre average) is reflected in the estimate. Buyers in LAKEWOOD have 7 comparable options right now, with asking prices between $599,000 and $1,025,000. Recent trends in LAKEWOOD show home values have fallen 11.2% since 6 months ago. The most comparable recent sale is 5602 Blueridge CT, Austin TX 78731, with an adjusted value of $950,364; with a larger floor plan. Based on 5 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