The estimated value of this property is $640,217, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $279,000 and $289,000. With 7 comparable homes on the market in LAKESIDE HEIGHTS, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 312 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1978, this home is 5 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 fallen 9.9% since 6 months ago. The most comparable recent sale is 1809 Aztec TRL, Kingsland TX 78639, with an adjusted value of $1,324,894; with a larger floor plan. Based on 4 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