1106 Space LN, Austin TX 78758

My analysis of 7 comparable properties puts this home's estimated value at $570,712. Based on how the local market is moving, a list price between $592,000 and $602,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in GRACYWOODS's current inventory. Being 164 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.27 acres versus the area average of 0.22) contributes to the valuation. Current inventory shows 4 comparable homes in GRACYWOODS; a balanced market based on recent absorption. The 6 month price trend in GRACYWOODS: risen 11.8%. The best comp here is 11801 Hyacinth DR, Austin TX 78758 at an adjusted value of $506,640, a strong comparable. With 7 comparable sales in GRACYWOODS, 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