2408 VANCE LN, Austin TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $1,952,075. For a well positioned listing in 78746, I'd target the $1,388,000 to $1,398,000 range. In the current 78746 market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. The 257 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.43 acres, the lot is larger than the 0.34 acre comp average, which factors into pricing. With 5 similar homes currently listed in 78746 (a buyer's market), competition is a factor to consider. Recent trends in 78746 show home values have risen 16.8% since 6 months ago. The most comparable recent sale is 109 W Spring DR, West Lake Hills TX 78746, with an adjusted value of $1,993,148; with a larger floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group