7912 W Rim DR, Austin TX 78731

The market data from 3 similar recent sales in CANYON RIM points to a value of approximately $1,307,068. To sell within a reasonable timeframe at fair market value, the $1,723,000 to $1,739,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in CANYON RIM. At 383 sqft larger than the typical comp, the size difference factors into the valuation. Right now, 7 similar properties are competing for buyers in CANYON RIM, listed between $999,824 and $2,900,000. In 78731, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 7320 Vista Mountain DR, Austin TX 78731, adjusting to $1,723,475; a strong comparable. 3 comparable transactions in CANYON RIM support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group