3900 Prentice LN, Austin TX 78746

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $4,673,187. I'd recommend coming to market at $3,307,000 to $3,317,000 to strike the right balance between value and market velocity. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in WEST RIM. Being 358 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1984, this home is 17 years older than the average comp, which is reflected in the adjustments. The active market in WEST RIM includes 7 comparable homes priced from $2,795,000 to $10,500,000. The trend in 78746 shows prices have risen 1.7% in the past 6 months. 2405 Westlake PASS, Austin TX 78746 nearby adjusts to $3,311,190; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group