6603 Mesa Hollow DR, Austin TX 78750

My analysis of 4 comparable properties puts this home's estimated value at $581,591. Based on how the local market is moving, a list price between $499,000 and $509,000 would position this home well. Relative to what's currently available in LAKEWOOD, this home would be the 2nd least expensive of 7 comparable homes on the market. This home's smaller footprint (117 sqft vs the comp average) plays a role in how the market prices it. At 11 years newer than typical comps, the 1994 build date influences the valuation. Current inventory shows 7 comparable homes in LAKEWOOD; a buyer's market based on recent absorption. The 6 month price trend in LAKEWOOD: fallen 6%. The best comp here is 6407 Wallace CV, Austin TX 78750 at an adjusted value of $658,205, with a larger floor plan. With 4 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