7908 W Rim DR, Austin TX 78731

After reviewing 4 recent transactions in CANYON RIM, I estimate this property's value at $1,543,279. A competitive list price for this home right now would fall in the $1,115,000 to $1,125,000 range. Buyers shopping in CANYON RIM right now would see this as a well positioned option among 7 comparable homes. The 385 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.24 acres versus the area average of 0.28) contributes to the valuation. Right now, 7 similar properties are competing for buyers in CANYON RIM, listed between $1,170,000 and $3,399,900. Prices in 78731 have fallen 15.3% over the last 6 months. A similar home at 7320 Vista Mountain DR, Austin TX 78731 carries an adjusted comparable value of $1,913,414, providing a strong data point. With 4 comparable sales in CANYON RIM, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group