7833 Oteka CV, Austin TX 78735

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $880,742. To generate strong buyer interest while maximizing value, I'd price this between $687,000 and $697,000. With 7 comparable homes on the market in LANTANA, this price positions the property as the most expensive of 7 comparable homes on the market. At 170 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.59 acres, the lot is larger than the 0.34 acre comp average, which factors into pricing. 7 similar homes are currently available in LANTANA, creating a buyer's market for this price range. The trend in LANTANA shows prices have fallen 24.6% in the past 6 months. 7816 Oteka CV, Austin TX 78735 nearby adjusts to $937,070; with a smaller floor plan. The 5 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