5004 Lansing DR, Austin TX 78745

Based on 7 closed sales in 78745, the data points to a value around $412,727 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $320,000 to $330,000. This would position the home competitively among 4 active listings in 78745. The larger floor plan (108 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.00 acres versus 0.19 for the typical comp. Current inventory shows 4 comparable homes in 78745; a buyer's market based on recent absorption. Market data shows 78745 prices fallen 5.2% over the last half year. The closest comparable sale, 5002 Majestic DR, Austin TX 78745 at an adjusted $433,087, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78745. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group