5700 Kempson DR, Austin TX 78735

The market data from 7 similar recent sales in LANTANA points to a value of approximately $1,139,608. To sell within a reasonable timeframe at fair market value, the $877,000 to $887,000 range is where I'd position this. In the current LANTANA market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. At 103 sqft larger than the typical comp, the size difference factors into the valuation. With 5 similar homes currently listed in LANTANA (a buyer's market), competition is a factor to consider. In LANTANA, home values have fallen approximately 24.6% over the past 6 months. One of the strongest data points is 7721 Journeyville DR, Austin TX 78735, adjusting to $963,324; with a smaller floor plan. 7 comparable transactions in LANTANA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group