10532 Medinah GRNS, Austin TX 78717

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $678,844. I'd recommend coming to market at $903,000 to $923,000 to strike the right balance between value and market velocity. In the current AVERY RANCH market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Being 620 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2004, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in AVERY RANCH; a balanced market based on recent absorption. The trend in AVERY RANCH shows prices have risen 1.3% in the past 6 months. 15408 Prestancia DR, Austin TX 78717 nearby adjusts to $727,051; with a smaller floor plan. With 3 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