5905 Terravista DR, Austin TX 78735

Taking into account 5 nearby comparable sales, this property's estimated value comes to $941,190. If we were to list this property today, I'd recommend a list price in the $913,000 to $969,000 range. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in LANTANA SINGLE FAMILY's current inventory. The larger floor plan (249 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.22 acres versus 0.26 for the typical comp. Current inventory shows 3 comparable homes in LANTANA SINGLE FAMILY; a buyer's market based on recent absorption. The 6 month price trend in 78735: fallen 14.2%. The best comp here is 6914 Halesboro DR, Austin TX 78736 at an adjusted value of $830,432, a strong comparable. The strength of this estimate comes from 5 directly comparable sales in LANTANA SINGLE FAMILY. 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