6605 Laurelwood DR, Austin TX 78731

Based on 3 closed sales in LAKEWOOD PARK, the data points to a value around $895,789 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $777,000 to $787,000. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in LAKEWOOD PARK's current inventory. At 201 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1963 (9 years older than comps) is factored into the value estimate. Right now, 3 similar properties are competing for buyers in LAKEWOOD PARK, listed between $850,000 and $1,200,000. Market data shows 78731 prices fallen 12.9% over the last half year. The closest comparable sale, 3916 Knollwood DR, Austin TX 78731 at an adjusted $724,818, is a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus