7813 Oteka CV, Austin TX 78735

After reviewing 6 recent transactions in LANTANA, I estimate this property's value at $702,944. A competitive list price for this home right now would fall in the $583,000 to $593,000 range. This pricing would rank the home as the 3rd most expensive of 6 comparable homes on the market in LANTANA's current inventory. At 216 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.42 acres versus the area average of 0.32) contributes to the valuation. There are currently 6 similar homes on the market in LANTANA, ranging from $544,000 to $819,000. Prices in LANTANA have fallen 11.9% over the last 6 months. A similar home at 7800 Southwest PKWY # 1010, Austin TX 78735 carries an adjusted comparable value of $754,733, providing a strong data point. With 6 comparable sales in LANTANA, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group