1823 Ohlen RD, Austin TX 78757

Based on 7 closed sales in LANIER TERRACE, the data points to a value around $430,518 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $482,000 to $485,000. This would position the home competitively among 7 active listings in LANIER TERRACE. Lot size matters here: 0.21 acres versus 0.17 for the typical comp. Current inventory shows 7 comparable homes in LANIER TERRACE; a buyer's market based on recent absorption. Market data shows LANIER TERRACE prices risen 89% over the last half year. The closest comparable sale, 2004 Teakwood DR, Austin TX 78757 at an adjusted $378,721, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in LANIER TERRACE. 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