8308 Cochrane CV, Austin TX 78757

Based on 3 closed sales in LANIER TERRACE, the data points to a value around $734,146 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $768,000 to $796,000. Relative to what's currently available in LANIER TERRACE, this home would be the 3rd most expensive of 7 comparable homes on the market. Lot size matters here: 0.26 acres versus 0.20 for the typical comp. 7 similar homes are currently available in LANIER TERRACE, creating a balanced market for this price range. Market data shows LANIER TERRACE prices risen 80.4% over the last half year. The closest comparable sale, 8201 Shadowood DR, Austin TX 78757 at an adjusted $767,760, is with a smaller floor plan. The strength of this estimate comes from 3 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