10405 Chestnut RDG, Austin TX 78726

Based on 7 closed sales in CANYON CREEK, the data points to a value around $681,344 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $490,000 to $500,000. Buyers shopping in CANYON CREEK right now would see this as a well positioned option among 6 comparable homes. This home's smaller footprint (240 sqft vs the comp average) plays a role in how the market prices it. Being built in 2006 (6 years newer than comps) is factored into the value estimate. 6 similar homes are currently available in CANYON CREEK, creating a seller's market for this price range. Market data shows CANYON CREEK prices risen 5.9% over the last half year. The closest comparable sale, 11105 Rio Vista DR, Austin TX 78726 at an adjusted $686,389, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in CANYON CREEK. 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