8429 Asmara DR, Austin TX 78750

The estimated value of this property is $1,412,984, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,028,000 and $1,038,000. In the current CANYON RIDGE market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Built in 1996, this home is 5 years newer than the average comp, which is reflected in the adjustments. The 0.56 acre lot (larger than the 0.36 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in CANYON RIDGE, ranging from $899,500 to $1,299,500. Recent trends in 78750 show home values have fallen 8.2% since 6 months ago. The most comparable recent sale is 5512 Hudson HOLW, Austin TX 78759, with an adjusted value of $1,193,154; with a larger floor plan and a pool. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group