7900 Tusman DR, Austin TX 78735

The market data from 5 similar recent sales in LANTANA points to a value of approximately $891,337. To sell within a reasonable timeframe at fair market value, the $931,000 to $943,000 range is where I'd position this. With 5 comparable homes on the market in LANTANA, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. At 0.40 acres, the lot is larger than the 0.32 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in LANTANA, ranging from $870,000 to $1,350,000. 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 $931,473; with a larger 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