4331 Canoas DR, Austin TX 78730

The estimated value of this property is $1,061,589, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,059,000 and $1,063,000. With 7 comparable homes on the market in RIVER PLACE, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 197 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2001, this home is 5 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in RIVER PLACE (a buyer's market), competition is a factor to consider. Recent trends in RIVER PLACE show home values have fallen 4.2% since 6 months ago. The most comparable recent sale is 5100 Hadle CV, Austin TX 78730, with an adjusted value of $993,078; a strong comparable. Based on 7 relevant data points in RIVER PLACE, 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