11400 E Grazing Deer, Austin TX 78735

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $4,332,633. I'd recommend coming to market at $4,440,000 to $5,130,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78735, this price point stands out as competitive. At 3,047 sqft larger than the typical comp, the size difference factors into the valuation. The 2.15 acre lot (smaller than the 3.83 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in 78735; a balanced market based on recent absorption. The trend in 78735 shows prices have fallen 2.4% in the past 6 months. 11949 Overlook PASS, Austin TX 78738 nearby adjusts to $10,576,570; with a smaller floor plan. With 7 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