After reviewing 5 recent transactions in SUNSET CANYON, I estimate this property's value at $880,585. A competitive list price for this home right now would fall in the $753,000 to $763,000 range. Buyers shopping in SUNSET CANYON right now would see this as a well positioned option among 7 comparable homes. This home's larger footprint (389 sqft vs the comp average) plays a role in how the market prices it. At 8 years newer than typical comps, the 2006 build date influences the valuation. There are currently 7 similar homes on the market in SUNSET CANYON, ranging from $749,000 to $2,499,000. Prices in SUNSET CANYON have fallen 3.5% over the last 6 months. A similar home at 14039 Timberline TRL, Austin TX 78737 carries an adjusted comparable value of $613,218, providing a strong data point. The comp data here (5 sales in SUNSET CANYON) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus
