6615 Mesa Hollow DR, Austin TX 78750

The estimated value of this property is $615,337, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $457,000 and $467,000. In the current LAKEWOOD market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. Built in 1994, this home is 13 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in LAKEWOOD; a balanced market based on recent absorption. Recent trends in LAKEWOOD show home values have fallen 15% since 6 months ago. The most comparable recent sale is 6107 Gardenridge HOLW, Austin TX 78750, with an adjusted value of $631,460; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group