5812 Kempson, Austin TX 78735

My analysis of 3 comparable properties puts this home's estimated value at $947,064. Based on how the local market is moving, a list price between $935,000 and $947,000 would position this home well. This would position the home competitively among 3 active listings in LANTANA. Being 193 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.17 acres versus the area average of 0.23) contributes to the valuation. With 3 similar homes currently listed in LANTANA (a seller's market), competition is a factor to consider. The 6 month price trend in LANTANA: fallen 6.3%. The best comp here is 7716 Journeyville DR, Austin TX 78735 at an adjusted value of $779,131, with a smaller floor plan. The comp data here (3 sales in LANTANA) 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