5003 North Rim DR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,556,260. For a well positioned listing in 78731, I'd target the $1,525,000 to $1,587,000 range. With 4 comparable homes on the market in 78731, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. At 0.36 acres, the lot is larger than the 0.32 acre comp average, which factors into pricing. 4 similar homes are currently available in 78731, creating a balanced market for this price range. Recent trends in 78731 show home values have risen 16.2% since 6 months ago. The most comparable recent sale is 5315 Valburn CIR, Austin TX 78731, with an adjusted value of $1,498,569; with a larger floor plan. 7 comparable transactions in 78731 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