2713 Trail Of Madrones, Austin TX 78746

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,098,399. I'd recommend coming to market at $841,000 to $851,000 to strike the right balance between value and market velocity. In the current CANYON VIEW ESTATES market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. The 0.44 acre lot (smaller than the 0.47 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in CANYON VIEW ESTATES; a balanced market based on recent absorption. The trend in 78746 shows prices have risen 14.7% in the past 6 months. 1603 Westlake DR, West Lake Hills TX 78746 nearby adjusts to $977,936; with a larger floor plan. Based on 7 relevant data points in CANYON VIEW ESTATES, 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