7719 Waldon DR, Austin TX 78750

The market data from 4 similar recent sales in LAKEWOOD points to a value of approximately $965,037. To sell within a reasonable timeframe at fair market value, the $793,000 to $803,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 6 comparable homes on the market comparable homes currently on the market in LAKEWOOD. At 178 sqft smaller than the typical comp, the size difference factors into the valuation. The 1998 construction puts this home 5 years newer than the comp average, a factor in the pricing. There are currently 6 similar homes on the market in LAKEWOOD, ranging from $725,000 to $1,200,000. In LAKEWOOD, home values have fallen approximately 12.5% over the past 6 months. One of the strongest data points is 8312 Jancy DR, Austin TX 78750, adjusting to $766,571; with a larger floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group