4203 Bennedict LN, Austin TX 78746

After reviewing 4 recent transactions in WEST RIM, I estimate this property's value at $2,468,897. A competitive list price for this home right now would fall in the $2,565,000 to $2,583,000 range. This would position the home competitively among 3 active listings in WEST RIM. This home's larger footprint (206 sqft vs the comp average) plays a role in how the market prices it. The larger lot (1.04 acres versus the area average of 1.00) contributes to the valuation. The active market in WEST RIM includes 3 comparable homes priced from $2,250,000 to $3,800,000. Prices in 78746 have risen 22.7% over the last 6 months. A similar home at 102 Laurel Valley RD, West Lake Hills TX 78746 carries an adjusted comparable value of $2,302,392, providing a strong data point. With 4 comparable sales in WEST RIM, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group