2104 Lauranne LN, Austin TX 78733

Based on 4 closed sales in RIO ROBLES, the data points to a value around $1,854,362 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,537,000 to $1,547,000. This home's position in the current RIO ROBLES market: the 2nd most expensive of 5 comparable homes on the market among comparable properties. Being 138 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 1.03 acres versus 0.86 for the typical comp. 5 similar homes are currently available in RIO ROBLES, creating a buyer's market for this price range. Market data shows 78733 prices fallen 12.3% over the last half year. The closest comparable sale, 1501 Canyon Edge DR, Austin TX 78733 at an adjusted $1,961,996, is with a smaller floor plan. The strength of this estimate comes from 4 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