4002 PRENTICE LN, Austin TX 78746

After reviewing 6 recent transactions in WEST RIM, I estimate this property's value at $2,300,927. A competitive list price for this home right now would fall in the $1,966,000 to $1,976,000 range. This home's position in the current WEST RIM market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. At 7 years older than typical comps, the 1984 build date influences the valuation. The smaller lot (0.74 acres versus the area average of 0.83) contributes to the valuation. Buyers in WEST RIM have 5 comparable options right now, with asking prices between $1,750,000 and $8,900,000. Prices in 78746 have risen 13.5% over the last 6 months. A similar home at 4000 Shadow Oak LN, Austin TX 78746 carries an adjusted comparable value of $1,982,286, providing a strong data point. The comp data here (6 sales in WEST RIM) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus