301 Elliott, Tow TX 78672

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $467,991. I'd recommend coming to market at $454,000 to $482,000 to strike the right balance between value and market velocity. In the current LAKEVIEW ACRES market with 1 similar homes available, this price represents below the only comparable home currently on the market. The smaller floor plan (609 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2001, this home is 18 years newer than the average comp, which is reflected in the adjustments. 1 similar homes are currently available in LAKEVIEW ACRES, creating a buyer's market for this price range. The trend in 78672 shows prices have risen 39% in the past 6 months. 303 Lakeshore LOOP, Tow TX 78672 nearby adjusts to $501,958; with a larger floor plan and a pool. Based on 4 relevant data points in LAKEVIEW ACRES, 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