5012 N Rim DR, Austin TX 78731

My analysis of 6 comparable properties puts this home's estimated value at $1,303,678. Based on how the local market is moving, a list price between $947,000 and $957,000 would position this home well. Relative to what's currently available in 78731, this home would be the 2nd most expensive of 7 comparable homes on the market. The larger lot (0.44 acres versus the area average of 0.38) contributes to the valuation. Right now, 7 similar properties are competing for buyers in 78731, listed between $875,000 and $1,900,000. The 6 month price trend in 78731: risen 2.9%. The best comp here is 7643 Parkview CIR, Austin TX 78731 at an adjusted value of $1,604,445, a strong comparable. The comp data here (6 sales in 78731) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus