8306 Cochrane CV, Austin TX 78757

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $408,980. To generate strong buyer interest while maximizing value, I'd price this between $351,000 and $361,000. In the current LANIER TERRACE market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. At 0.26 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. With 7 similar homes currently listed in LANIER TERRACE (a seller's market), competition is a factor to consider. The trend in LANIER TERRACE shows prices have risen 71.9% in the past 6 months. 2104 Lanier DR, Austin TX 78757 nearby adjusts to $405,136; a strong comparable. 6 comparable transactions in LANIER TERRACE 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