4601 W Rim CV, Austin TX 78731

The estimated value of this property is $1,398,872, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,225,000 and $1,235,000. Against 7 similar active listings in CANYON RIM, this price point lands at the 3rd least expensive of 7 comparable homes on the market. Built in 2001, this home is 6 years newer than the average comp, which is reflected in the adjustments. The 0.28 acre lot (smaller than the 0.33 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in CANYON RIM; a balanced market based on recent absorption. Recent trends in 78731 show home values have risen 3.4% since 6 months ago. The most comparable recent sale is 7921 West Rim DR, Austin TX 78731, with an adjusted value of $1,609,500; with a larger floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group