6511 Cascada DR, Austin TX 78750

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $849,842. I'd recommend coming to market at $906,000 to $907,000 to strike the right balance between value and market velocity. In the current LAKEWOOD market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. The 0.17 acre lot (smaller than the 0.23 acre average) is reflected in the estimate. With 6 similar homes currently listed in LAKEWOOD (a buyer's market), competition is a factor to consider. The trend in LAKEWOOD shows prices have fallen 12.5% in the past 6 months. 7304 Halbert DR, Austin TX 78750 nearby adjusts to $707,902; with a smaller floor plan. Based on 7 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