7305 Rimcrest CV # 4, Austin TX 78735

After reviewing 7 recent transactions in 78735, I estimate this property's value at $542,876. A competitive list price for this home right now would fall in the $613,000 to $623,000 range. This home's position in the current 78735 market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. This home's smaller footprint (107 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.00 acres versus the area average of 0.29) contributes to the valuation. Current inventory shows 3 comparable homes in 78735; a buyer's market based on recent absorption. Prices in 78735 have fallen 10.1% over the last 6 months. A similar home at 8902 Moccasin PATH, Austin TX 78736 carries an adjusted comparable value of $613,047, providing a strong data point. The comp data here (7 sales in 78735) 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