7805 Image CV, Austin TX 78750

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $727,144. I'd recommend coming to market at $511,000 to $521,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in CANYON RIDGE, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 289 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.99 acre lot (larger than the 0.25 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in CANYON RIDGE, ranging from $435,000 to $900,000. The trend in 78750 shows prices have fallen 8.2% in the past 6 months. 7603 Basil CV, Austin TX 78750 nearby adjusts to $852,836; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group