4516 Rimrock TRL, Austin TX 78723

The market data from 7 similar recent sales in RIMROCK HEIGHTS points to a value of approximately $593,038. To sell within a reasonable timeframe at fair market value, the $645,000 to $671,000 range is where I'd position this. With 4 comparable homes on the market in RIMROCK HEIGHTS, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. At 0.37 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. With 4 similar homes currently listed in RIMROCK HEIGHTS (a buyer's market), competition is a factor to consider. In 78723, home values have risen approximately 4.9% over the past 6 months. One of the strongest data points is 2312 Rogge LN, Austin TX 78723, adjusting to $632,606; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group