The estimated value of this property is $958,343, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $939,000 and $978,000. With 7 comparable homes on the market in LAKESIDE HEIGHTS, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 113 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1978, this home is 15 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in LAKESIDE HEIGHTS, ranging from $266,000 to $1,600,000. Recent trends in 78639 show home values have risen 7.4% since 6 months ago. The most comparable recent sale is 1809 Aztec TRL, Kingsland TX 78639, with an adjusted value of $1,328,005; with a larger floor plan. Based on 7 relevant data points in LAKESIDE HEIGHTS, 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