7809 Oteka CV, Austin TX 78735

The market data from 6 similar recent sales in LANTANA points to a value of approximately $915,807. To sell within a reasonable timeframe at fair market value, the $927,000 to $958,000 range is where I'd position this. With 3 comparable homes on the market in LANTANA, this price positions the property as the most expensive of 3 comparable homes on the market. At 0.33 acres, the lot is larger than the 0.29 acre comp average, which factors into pricing. The active market in LANTANA includes 3 comparable homes priced from $870,000 to $1,299,000. 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 $957,527; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group