4606 Rimrock TRL, Austin TX 78723

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $613,548. I'd recommend coming to market at $650,000 to $705,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in 78723, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. Built in 1953, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.46 acre lot (larger than the 0.26 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in 78723; a buyer's market based on recent absorption. The trend in 78723 shows prices have risen 0% in the past 6 months. 1811 Rogge LN, Austin TX 78723 nearby adjusts to $759,272; a strong comparable. With 5 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