7720 Waldon DR, Austin TX 78750

The estimated value of this property is $961,152, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $761,000 and $771,000. Against 5 similar active listings in LAKEWOOD, this price point lands at the most expensive of 5 comparable homes on the market. The smaller floor plan (140 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1997, this home is 5 years newer than the average comp, which is reflected in the adjustments. Right now, 5 similar properties are competing for buyers in LAKEWOOD, listed between $725,000 and $964,750. Recent trends in LAKEWOOD show home values have fallen 12.5% since 6 months ago. The most comparable recent sale is 8312 Jancy DR, Austin TX 78750, with an adjusted value of $730,831; with a larger floor plan. Based on 3 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