4906 Canyonwood DR, Austin TX 78735

The market data from 7 similar recent sales in TRAVIS COUNTRY points to a value of approximately $764,779. To sell within a reasonable timeframe at fair market value, the $749,000 to $780,000 range is where I'd position this. With 3 comparable homes on the market in TRAVIS COUNTRY, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (103 sqft vs the comp average) plays a role in how the market prices it. At 0.22 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. With 3 similar homes currently listed in TRAVIS COUNTRY (a seller's market), competition is a factor to consider. In TRAVIS COUNTRY, home values have fallen approximately 18.5% over the past 6 months. One of the strongest data points is 4836 TRAIL CREST CIR, Austin TX 78735, adjusting to $697,525; a strong comparable. 7 comparable transactions in TRAVIS COUNTRY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group