2408 Berkleys Brook DR, Bee Cave TX 78738

The market data from 3 similar recent sales in LAKES EDGE points to a value of approximately $1,353,005. To sell within a reasonable timeframe at fair market value, the $1,074,000 to $1,084,000 range is where I'd position this. With 7 comparable homes on the market in LAKES EDGE, this price positions the property as the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (170 sqft vs the comp average) plays a role in how the market prices it. The 2019 construction puts this home 11 years newer than the comp average, a factor in the pricing. The active market in LAKES EDGE includes 7 comparable homes priced from $975,000 to $2,395,000. In 78738, home values have risen approximately 2.4% over the past 6 months. One of the strongest data points is 10608 Prezia DR, Austin TX 78733, adjusting to $1,378,794; with a larger floor plan. 3 comparable transactions in LAKES EDGE 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