4001 Prentice LN, Austin TX 78746

The estimated value of this property is $3,207,431, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $3,427,000 and $5,097,000. Against 3 similar active listings in WEST RIM, this price point lands at the most affordable of 3 comparable homes on the market. At 807 sqft larger than the typical comp, the size difference factors into the valuation. The 1.62 acre lot (larger than the 1.50 acre average) is reflected in the estimate. Buyers in WEST RIM have 3 comparable options right now, with asking prices between $3,250,000 and $4,950,000. Recent trends in 78746 show home values have fallen 4.4% since 6 months ago. The most comparable recent sale is 2405 Westlake PASS, Austin TX 78746, with an adjusted value of $3,298,193; with a smaller floor plan. Based on 3 relevant data points in WEST RIM, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX