7628 Menler DR, Austin TX 78735

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $853,887. I'd recommend coming to market at $828,000 to $880,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in LANTANA SINGLE FAMILY, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The larger floor plan (415 sqft compared to the average comp) is a meaningful differentiator in this price range. With 4 similar homes currently listed in LANTANA SINGLE FAMILY (a buyer's market), competition is a factor to consider. The trend in 78735 shows prices have fallen 14.2% in the past 6 months. 7421 Bonniebrook DR, Austin TX 78735 nearby adjusts to $818,828; with a smaller floor plan. Based on 4 relevant data points in LANTANA SINGLE FAMILY, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX