7417 Cayenne LN, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $313,912. For a well positioned listing in RIVERSIDE MEADOWS, I'd target the $304,000 to $323,000 range. Against 5 similar active listings in RIVERSIDE MEADOWS, this price point lands at the 2nd least expensive of 5 comparable homes on the market. Current inventory shows 5 comparable homes in RIVERSIDE MEADOWS; a buyer's market based on recent absorption. Recent trends in 78741 show home values have fallen 9.6% since 6 months ago. The most comparable recent sale is 3512 Black Granite DR, Austin TX 78744, with an adjusted value of $325,452; with a smaller floor plan. The 3 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