1102 Carlotta LN, Austin TX 78733

Based on 7 closed sales in RIO ROBLES, the data points to a value around $1,494,383 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,215,000 to $2,240,000. Buyers shopping in RIO ROBLES right now would see this as a well positioned option among 5 comparable homes. At 2,328 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 2.06 acres versus 0.56 for the typical comp. Current inventory shows 5 comparable homes in RIO ROBLES; a buyer's market based on recent absorption. Market data shows 78733 prices fallen 2.4% over the last half year. The closest comparable sale, 1401 Bowie RD, Austin TX 78733 at an adjusted $1,470,315, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in RIO ROBLES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group