4609 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 $916,639. I'd recommend coming to market at $898,000 to $935,000 to strike the right balance between value and market velocity. In the current MARLO HEIGHTS market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 358 sqft larger than the typical comp, the size difference factors into the valuation. The 0.37 acre lot (larger than the 0.25 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in MARLO HEIGHTS; a buyer's market based on recent absorption. The trend in 78723 shows prices have risen 4.5% in the past 6 months. 1408 Larkwood DR, Austin TX 78723 nearby adjusts to $1,090,696; with a smaller floor plan. 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