8208 Renton DR, Austin TX 78757

Taking into account 6 nearby comparable sales, this property's estimated value comes to $370,229. If we were to list this property today, I'd recommend a list price in the $277,000 to $287,000 range. Buyers shopping in LANIER TERRACE right now would see this as a well positioned option among 3 comparable homes. This home's smaller footprint (146 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.15 acres versus 0.18 for the typical comp. Current inventory shows 3 comparable homes in LANIER TERRACE; a seller's market based on recent absorption. The 6 month price trend in LANIER TERRACE: risen 71.9%. The best comp here is 1913 Ohlen RD, Austin TX 78757 at an adjusted value of $360,000, with a larger floor plan. The strength of this estimate comes from 6 directly comparable sales in LANIER TERRACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group