7121 Cayenne LN, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $301,214. For a well positioned listing in RIVERSIDE MEADOWS, I'd target the $249,000 to $259,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in RIVERSIDE MEADOWS. The 116 sqft size difference versus comparable sales is reflected in the adjusted values. The 2005 construction puts this home 6 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in RIVERSIDE MEADOWS, ranging from $249,000 to $375,000. Recent trends in RIVERSIDE MEADOWS show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 1517 Anise DR, Austin TX 78741, with an adjusted value of $329,010; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group