11 GRAPEWOOD CT, Austin TX 78738

My analysis of 3 comparable properties puts this home's estimated value at $806,944. Based on how the local market is moving, a list price between $668,000 and $678,000 would position this home well. Relative to what's currently available in HILLS LAKEWAY, this home would be the most expensive of 3 comparable homes on the market. At 145 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.18 acres versus the area average of 0.21) contributes to the valuation. Current inventory shows 3 comparable homes in HILLS LAKEWAY; a balanced market based on recent absorption. The 6 month price trend in HILLS LAKEWAY: fallen 11%. The best comp here is 5 Valhalla CT, The Hills TX 78738 at an adjusted value of $693,574, a strong comparable. With 3 comparable sales in HILLS LAKEWAY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group