7820 W Rim DR, Austin TX 78731

The estimated value of this property is $971,885, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $585,000 and $595,000. Against 7 similar active listings in CANYON RIM, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Built in 2002, this home is 21 years newer than the average comp, which is reflected in the adjustments. The 0.21 acre lot (smaller than the 0.27 acre average) is reflected in the estimate. With 7 similar homes currently listed in CANYON RIM (a buyer's market), competition is a factor to consider. Recent trends in 78731 show home values have fallen 13.8% since 6 months ago. The most comparable recent sale is 3913 Myrick DR, Austin TX 78731, with an adjusted value of $919,918; a strong comparable. Based on 7 relevant data points in CANYON RIM, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX