7501 Waldon DR, Austin TX 78750

My analysis of 7 comparable properties puts this home's estimated value at $839,812. Based on how the local market is moving, a list price between $871,000 and $890,000 would position this home well. This home's position in the current LAKEWOOD market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. The larger lot (0.37 acres versus the area average of 0.24) contributes to the valuation. Right now, 4 similar properties are competing for buyers in LAKEWOOD, listed between $725,000 and $900,000. The 6 month price trend in LAKEWOOD: fallen 12.5%. The best comp here is 6505 Cascada DR, Austin TX 78750 at an adjusted value of $854,894, a strong comparable. With 7 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