8312 Lakewood Ridge CV, Austin TX 78738

Based on 7 closed sales in BELVEDERE, the data points to a value around $2,222,298 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,674,000 to $2,788,000. Buyers shopping in BELVEDERE right now would see this as a well positioned option among 3 comparable homes. At 1,170 sqft larger than the typical comp, the size difference factors into the valuation. 3 similar homes are currently available in BELVEDERE, creating a buyer's market for this price range. Market data shows BELVEDERE prices risen 10.9% over the last half year. The closest comparable sale, 8040 Carlton Ridge CV, Austin TX 78738 at an adjusted $2,193,288, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in BELVEDERE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group