11849 Rim Rock TRL, Austin TX 78737

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $928,903. I'd recommend coming to market at $892,000 to $987,000 to strike the right balance between value and market velocity. Against 6 similar active listings in 78737, this price point lands at the 3rd most expensive of 6 comparable homes on the market. Built in 1971, this home is 26 years older than the average comp, which is reflected in the adjustments. The 13.30 acre lot (larger than the 0.95 acre average) is reflected in the estimate. With 6 similar homes currently listed in 78737 (a balanced market), competition is a factor to consider. The trend in 78737 shows prices have fallen 0.5% in the past 6 months. 8409 Evelina TRL, Austin TX 78737 nearby adjusts to $883,237; a strong comparable. Based on 7 relevant data points in 78737, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX