5110 W William Cannon DR, Austin TX 78749

The estimated value of this property is $719,486, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $797,000 and $801,000. Against 3 similar active listings in 78749, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 749 sqft size difference versus comparable sales is reflected in the adjusted values. The 5.08 acre lot (larger than the 0.19 acre average) is reflected in the estimate. With 3 similar homes currently listed in 78749 (a seller's market), competition is a factor to consider. Recent trends in 78749 show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 4917 Flaming Oak CV, Austin TX 78749, with an adjusted value of $794,475; with a smaller floor plan. With 7 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