7812 Meloncon CV, Austin TX 78735

Reviewing the most recent comparable transactions, this home's market value falls around $1,067,920. For a well positioned listing in LANTANA, I'd target the $843,000 to $853,000 range. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in LANTANA. This home's larger footprint (324 sqft vs the comp average) plays a role in how the market prices it. At 0.44 acres, the lot is larger than the 0.32 acre comp average, which factors into pricing. 4 similar homes are currently available in LANTANA, creating a buyer's market for this price range. Recent trends in LANTANA show home values have fallen 24.6% since 6 months ago. The most comparable recent sale is 7608 Journeyville DR, Austin TX 78735, with an adjusted value of $1,063,101; with a larger floor plan. 7 comparable transactions in LANTANA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group