11309 Reading WAY, Austin TX 78717

Reviewing the most recent comparable transactions, this home's market value falls around $522,522. For a well positioned listing in AVERY RANCH GRANITE SHOALS, I'd target the $556,000 to $565,000 range. With 4 comparable homes on the market in AVERY RANCH GRANITE SHOALS, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The 2017 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in AVERY RANCH GRANITE SHOALS; a buyer's market based on recent absorption. Recent trends in 78717 show home values have fallen 1.9% since 6 months ago. The most comparable recent sale is 11600 Santa Elena LN, Austin TX 78717, with an adjusted value of $494,554; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group