4308 Bennedict LN, Austin TX 78746

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $2,819,942. I'd recommend coming to market at $3,375,000 to $3,611,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in WEST RIM. The 0.97 acre lot (smaller than the 1.02 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in WEST RIM; a buyer's market based on recent absorption. The trend in 78746 shows prices have risen 17.1% in the past 6 months. 4000 Shadow Oak LN, Austin TX 78746 nearby adjusts to $2,354,228; with a smaller floor plan. With 3 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