2204 Lauranne LN, Austin TX 78733

Based on 7 closed sales in RIO ROBLES, the data points to a value around $1,537,122 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,766,000 to $1,906,000. This home's position in the current RIO ROBLES market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. Being 320 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1994 (9 years older than comps) is factored into the value estimate. 3 similar homes are currently available in RIO ROBLES, creating a buyer's market for this price range. Market data shows 78733 prices risen 22.2% over the last half year. The closest comparable sale, 1501 Canyon Edge DR, Austin TX 78733 at an adjusted $1,905,847, is a strong comparable. 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