11701 Drayton DR, Austin TX 78758

The market data from 7 similar recent sales in GRACYWOODS points to a value of approximately $556,621. To sell within a reasonable timeframe at fair market value, the $479,000 to $489,000 range is where I'd position this. With 7 comparable homes on the market in GRACYWOODS, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 175 sqft larger than the typical comp, the size difference factors into the valuation. 7 similar homes are currently available in GRACYWOODS, creating a seller's market for this price range. In GRACYWOODS, home values have risen approximately 8% over the past 6 months. One of the strongest data points is 1714 Prairie Hen CV, Austin TX 78758, adjusting to $519,675; a strong comparable. 7 comparable transactions in GRACYWOODS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group