7420 Cayenne, Austin TX 78741

After reviewing 3 recent transactions in RIVERSIDE MEADOWS, I estimate this property's value at $410,195. A competitive list price for this home right now would fall in the $398,000 to $423,000 range. Relative to what's currently available in RIVERSIDE MEADOWS, this home would be the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (171 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years older than typical comps, the 2006 build date influences the valuation. Current inventory shows 7 comparable homes in RIVERSIDE MEADOWS; a buyer's market based on recent absorption. Prices in 78741 have fallen 1.1% over the last 6 months. A similar home at 7229 Cayenne LN, Austin TX 78741 carries an adjusted comparable value of $398,895, providing a strong data point. The comp data here (3 sales in RIVERSIDE MEADOWS) 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