5804 Cannonade CT, Austin TX 78746

The estimated value of this property is $1,753,849, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $2,661,000 and $2,745,000. With 7 comparable homes on the market in 78746, this price positions the property as the most affordable of 7 comparable homes on the market. At 682 sqft larger than the typical comp, the size difference factors into the valuation. The 0.25 acre lot (smaller than the 0.35 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in 78746, listed between $1,995,000 and $8,900,000. Recent trends in 78746 show home values have risen 1.7% since 6 months ago. The most comparable recent sale is 3503 Needles DR, Austin TX 78746, with an adjusted value of $1,756,691; with a smaller floor plan. With 3 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