8502 Del Mesa LN, Austin TX 78759

Based on 7 closed sales in CANYON MESA, the data points to a value around $1,130,130 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,108,000 to $1,153,000. This home's position in the current CANYON MESA market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. The 563 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.31 acres versus 0.27 for the typical comp. There are currently 4 similar homes on the market in CANYON MESA, ranging from $954,000 to $1,575,000. Market data shows 78759 prices risen 2.9% over the last half year. The closest comparable sale, 9002 Scotsman DR, Austin TX 78750 at an adjusted $771,768, is with a smaller floor plan and a pool. The strength of this estimate comes from 7 directly comparable sales in CANYON MESA. 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