7808 W Rim DR, Austin TX 78731

After reviewing 6 recent transactions in CANYON RIM, I estimate this property's value at $1,619,095. A competitive list price for this home right now would fall in the $1,172,000 to $1,182,000 range. This would position the home competitively among 7 active listings in CANYON RIM. This home's larger footprint (237 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.22 acres versus the area average of 0.28) contributes to the valuation. Buyers in CANYON RIM have 7 comparable options right now, with asking prices between $1,170,000 and $5,000,000. Prices in 78731 have fallen 15.3% over the last 6 months. A similar home at 7921 West Rim DR, Austin TX 78731 carries an adjusted comparable value of $1,476,300, providing a strong data point. The comp data here (6 sales in CANYON RIM) 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