5218 Pink Poppy PASS # 17, Austin TX 78735

After reviewing 7 recent transactions in CAYENA, I estimate this property's value at $571,096. A competitive list price for this home right now would fall in the $411,000 to $421,000 range. This home's position in the current CAYENA market: the 4th most expensive of 7 comparable homes on the market among comparable properties. At 14 years newer than typical comps, the 2020 build date influences the valuation. The smaller lot (0.10 acres versus the area average of 0.22) contributes to the valuation. With 7 similar homes currently listed in CAYENA (a balanced market), competition is a factor to consider. Prices in 78735 have fallen 3.8% over the last 6 months. A similar home at 7905 Floracita LN, Austin TX 78735 carries an adjusted comparable value of $693,748, providing a strong data point. With 7 comparable sales in CAYENA, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group