10706 River Terrace CIR, Austin TX 78733

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,585,406. I'd recommend coming to market at $2,179,000 to $2,549,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in PANORAMA RANCH. At 3,489 sqft larger than the typical comp, the size difference factors into the valuation. The 0.85 acre lot (larger than the 0.71 acre average) is reflected in the estimate. With 5 similar homes currently listed in PANORAMA RANCH (a balanced market), competition is a factor to consider. The trend in 78733 shows prices have risen 20.3% in the past 6 months. 1501 Canyon Edge DR, Austin TX 78733 nearby adjusts to $2,159,362; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group