4319 Dunning LN, Austin TX 78746

After reviewing 5 recent transactions in WEST RIM, I estimate this property's value at $5,209,151. A competitive list price for this home right now would fall in the $5,053,000 to $5,365,000 range. This home's position in the current WEST RIM market: the most affordable of 3 comparable homes on the market among comparable properties. This home's larger footprint (634 sqft vs the comp average) plays a role in how the market prices it. At 5 years older than typical comps, the 1993 build date influences the valuation. Current inventory shows 3 comparable homes in WEST RIM; a buyer's market based on recent absorption. Prices in 78746 have risen 2.2% over the last 6 months. A similar home at 3208 Rain Dance CV, Austin TX 78746 carries an adjusted comparable value of $3,363,344, providing a strong data point. With 5 comparable sales in WEST RIM, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group