11621 Lake Stone DR, Bee Cave TX 78738

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,688,825. I'd recommend coming to market at $1,162,000 to $1,172,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in LAKES EDGE, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 241 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2019, this home is 6 years newer than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in LAKES EDGE, listed between $1,107,000 and $2,395,000. The trend in 78738 shows prices have risen 7.2% in the past 6 months. 11520 Lake Stone DR # 4, Austin TX 78738 nearby adjusts to $1,545,321; with a smaller floor plan and a pool. Based on 7 relevant data points in LAKES EDGE, 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