7533 Cayenne LN, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $352,264. For a well positioned listing in RIVERSIDE MEADOWS, I'd target the $271,000 to $281,000 range. Against 7 similar active listings in RIVERSIDE MEADOWS, this price point lands at the 2nd most expensive of 7 comparable homes on the market. At 180 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 7 comparable homes in RIVERSIDE MEADOWS; a buyer's market based on recent absorption. Recent trends in 78741 show home values have fallen 1.1% since 6 months ago. The most comparable recent sale is 1517 Anise DR, Austin TX 78741, with an adjusted value of $361,425; with a smaller floor plan. 4 comparable transactions in RIVERSIDE MEADOWS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group