8404 Lakewood Ridge CV, Austin TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $2,105,269. For a well positioned listing in BELVEDERE, I'd target the $1,495,000 to $1,505,000 range. Against 7 similar active listings in BELVEDERE, this price point lands at the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (593 sqft vs the comp average) plays a role in how the market prices it. At 1.60 acres, the lot is larger than the 1.47 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in BELVEDERE, listed between $1,375,000 and $2,845,000. Recent trends in BELVEDERE show home values have risen 8.2% since 6 months ago. The most comparable recent sale is 8040 Carlton Ridge CV, Austin TX 78738, with an adjusted value of $2,094,100; with a smaller floor plan. 6 comparable transactions in BELVEDERE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group