6507 Marblewood DR, Austin TX 78731

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $839,791. Pricing this home between $520,000 and $530,000 would put it in the competitive sweet spot for LAKEWOOD. This home's position in the current LAKEWOOD market: the most expensive of 4 comparable homes on the market among comparable properties. The larger lot (0.41 acres versus the area average of 0.31) contributes to the valuation. Current inventory shows 4 comparable homes in LAKEWOOD; a buyer's market based on recent absorption. Market data shows LAKEWOOD prices fallen 12.5% over the last half year. The closest comparable sale, 6321 Lakewood DR, Austin TX 78731 at an adjusted $823,864, is with a smaller floor plan. With 7 comparable sales in LAKEWOOD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group