5705 Terravista DR, Austin TX 78735

My analysis of 3 comparable properties puts this home's estimated value at $3,053,603. Based on how the local market is moving, a list price between $945,000 and $955,000 would position this home well. Relative to what's currently available in LANTANA SINGLE FAMILY, this home would be the most expensive of 7 comparable homes on the market. Being 242 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.77 acres versus the area average of 1.01) contributes to the valuation. With 7 similar homes currently listed in LANTANA SINGLE FAMILY (a buyer's market), competition is a factor to consider. The 6 month price trend in LANTANA SINGLE FAMILY: fallen 13.6%. The best comp here is 7738 Sandia LOOP, Austin TX 78735 at an adjusted value of $2,438,944, with a larger floor plan and a pool. The comp data here (3 sales in LANTANA SINGLE FAMILY) 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