11711 BARCHETTA DR, Austin TX 78758

The market data from 7 similar recent sales in GRACYWOODS points to a value of approximately $493,394. To sell within a reasonable timeframe at fair market value, the $383,000 to $393,000 range is where I'd position this. In the current GRACYWOODS market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 138 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.00 acres, the lot is smaller than the 0.23 acre comp average, which factors into pricing. With 7 similar homes currently listed in GRACYWOODS (a seller's market), competition is a factor to consider. In GRACYWOODS, home values have fallen approximately 2.5% over the past 6 months. One of the strongest data points is 1707 Woodwind LN, Austin TX 78758, adjusting to $591,839; 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