The comparable sales data (7 recent transactions in SUNSET CANYON) supports an estimated value of $803,200. The data suggests a list price between $550,000 and $560,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in SUNSET CANYON's current inventory. Being 120 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 1.47 acres versus 1.64 for the typical comp. Right now, 7 similar properties are competing for buyers in SUNSET CANYON, listed between $534,990 and $975,000. Prices in SUNSET CANYON have fallen 4.5% over the last 6 months. A similar home at 14039 Timberline TRL, Austin TX 78737 carries an adjusted comparable value of $521,104, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus