2207 Rundell PL, Austin TX 78704

Based on 7 closed sales in CANNIZZO, the data points to a value around $584,513 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $312,000 to $322,000. This home's position in the current CANNIZZO market: the most expensive of 7 comparable homes on the market among comparable properties. Being built in 1955 (21 years older than comps) is factored into the value estimate. Lot size matters here: 0.18 acres versus 1.22 for the typical comp. Buyers in CANNIZZO have 7 comparable options right now, with asking prices between $310,000 and $485,000. Market data shows 78704 prices fallen 1.8% over the last half year. The closest comparable sale, 3015 Burning Oak DR # 2, Austin TX 78704 at an adjusted $514,590, is a strong comparable. The strength of this estimate comes from 7 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