7401 Magenta LN, Austin TX 78739

Reviewing the most recent comparable transactions, this home's market value falls around $832,553. For a well positioned listing in CIRCLE C RANCH, I'd target the $845,000 to $885,000 range. In the current CIRCLE C RANCH market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. At 0.28 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in CIRCLE C RANCH, ranging from $649,000 to $1,050,000. Recent trends in CIRCLE C RANCH show home values have risen 0.6% since 6 months ago. The most comparable recent sale is 6521 Walebridge LN, Austin TX 78739, with an adjusted value of $781,605; a strong comparable. The 6 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