1901 Rabb RD, Austin TX 78704

The comparable sales data (3 recent transactions in CANNIZZO) supports an estimated value of $859,331. The data suggests a list price between $618,000 and $628,000 would attract qualified buyers without leaving money on the table. This home's position in the current CANNIZZO market: the most expensive of 7 comparable homes on the market among comparable properties. This home's smaller footprint (167 sqft vs the comp average) plays a role in how the market prices it. The active market in CANNIZZO includes 7 comparable homes priced from $649,000 to $1,050,000. Prices in 78704 have fallen 3.8% over the last 6 months. A similar home at 2703 Oak Park DR, Austin TX 78704 carries an adjusted comparable value of $939,164, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in CANNIZZO. 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