7005 Firewheel HOLW, Austin TX 78750

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $643,261. I'd recommend coming to market at $789,000 to $829,000 to strike the right balance between value and market velocity. In the current LAKEWOOD market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 123 sqft larger than the typical comp, the size difference factors into the valuation. 7 similar homes are currently available in LAKEWOOD, creating a buyer's market for this price range. The trend in LAKEWOOD shows prices have fallen 12.5% in the past 6 months. 6404 Cascada DR, Austin TX 78750 nearby adjusts to $633,061; a strong comparable. Based on 3 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