7211 LAKEWOOD DR # 128, Austin TX 78750

Based on 3 closed sales in LAKEWOOD CONDO, the data points to a value around $498,485 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $249,000 to $259,000. Buyers shopping in LAKEWOOD CONDO right now would see this as a well positioned option among 7 comparable homes. This home's smaller footprint (158 sqft vs the comp average) plays a role in how the market prices it. The active market in LAKEWOOD CONDO includes 7 comparable homes priced from $239,000 to $558,000. Market data shows 78750 prices fallen 7.4% over the last half year. The closest comparable sale, 7211 Lakewood DR # K135, Austin TX 78750 at an adjusted $438,680, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in LAKEWOOD CONDO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group