7716 Lakewood DR, Austin TX 78750

This home was listed at $860,000 and was on the market for 146 days before expiring. Based on comparable sales, the market data suggests a value closer to $863,470. Here are some factors that may have played a role: After 146 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. The listing had a price reduction during its time on market, which can sometimes affect buyer perception. Built in 1993, this home may have faced competition from newer construction in the area priced similarly. Being 159 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.17 acre lot (smaller than the 0.23 acre average) is reflected in the estimate. Based on 6 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