8500 Cima Oak LN # 7, Austin TX 78759

After reviewing 7 recent transactions in CIMA OAKS CONDO, I estimate this property's value at $389,790. A competitive list price for this home right now would fall in the $418,000 to $423,000 range. Relative to what's currently available in CIMA OAKS CONDO, this home would be the 3rd least expensive of 7 comparable homes on the market. The smaller lot (0.03 acres versus the area average of 0.10) contributes to the valuation. With 7 similar homes currently listed in CIMA OAKS CONDO (a balanced market), competition is a factor to consider. Prices in 78759 have risen 13.7% over the last 6 months. A similar home at 8600 Cima Oak LN # A15, Austin TX 78759 carries an adjusted comparable value of $385,039, providing a strong data point. With 7 comparable sales in CIMA OAKS CONDO, 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