Lot #16 5204 Wier Hills RD, Austin TX 78735

The estimated value of this property is $588,745, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $475,000 and $485,000. Against 7 similar active listings in CAYENA, this price point lands at the 3rd least expensive of 7 comparable homes on the market. Built in 2019, this home is 10 years newer than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.31 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in CAYENA; a buyer's market based on recent absorption. Recent trends in 78735 show home values have fallen 11.8% since 6 months ago. The most comparable recent sale is 7901 Southwest Parkway PKWY # 14, Austin TX 78735, with an adjusted value of $524,920; a strong comparable. With 7 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