3504 Scenic Overlook TRL, Austin TX 78734

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,548,690. I'd recommend coming to market at $1,888,000 to $2,089,000 to strike the right balance between value and market velocity. In the current CANYONS LAKE market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. The larger floor plan (328 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.00 acre lot (larger than the 0.91 acre average) is reflected in the estimate. The active market in CANYONS LAKE includes 4 comparable homes priced from $1,299,900 to $2,150,000. The trend in 78734 shows prices have fallen 5.7% in the past 6 months. 3701 Copper Ridge CT, Austin TX 78734 nearby adjusts to $1,215,942; with a smaller floor plan. Based on 3 relevant data points in CANYONS LAKE, 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