7904 High Hollow DR, Austin TX 78750

Based on 5 closed sales in CANYON RIDGE, the data points to a value around $943,046 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $896,000 to $905,000. This would position the home competitively among 4 active listings in CANYON RIDGE. Being built in 1996 (6 years newer than comps) is factored into the value estimate. With 4 similar homes currently listed in CANYON RIDGE (a balanced market), competition is a factor to consider. Market data shows 78750 prices fallen 21.8% over the last half year. The closest comparable sale, 7603 Basil CV, Austin TX 78750 at an adjusted $875,417, is with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in CANYON RIDGE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group