7609 Creekbluff DR, Austin TX 78750

After reviewing 7 recent transactions in LAKEWOOD PARK, I estimate this property's value at $948,784. A competitive list price for this home right now would fall in the $1,100,000 to $1,201,000 range. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in LAKEWOOD PARK's current inventory. At 1,198 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (1.14 acres versus the area average of 0.83) contributes to the valuation. With 7 similar homes currently listed in LAKEWOOD PARK (a balanced market), competition is a factor to consider. Prices in 78750 have fallen 10.6% over the last 6 months. A similar home at 7201 Holly Fern CV, Austin TX 78750 carries an adjusted comparable value of $1,203,729, providing a strong data point. With 7 comparable sales in LAKEWOOD PARK, 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