11803 Knollpark DR, Austin TX 78758

My analysis of 6 comparable properties puts this home's estimated value at $492,899. Based on how the local market is moving, a list price between $483,000 and $503,000 would position this home well. This home's position in the current GRACYWOODS market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The larger lot (0.27 acres versus the area average of 0.23) contributes to the valuation. Buyers in GRACYWOODS have 3 comparable options right now, with asking prices between $389,000 and $699,999. The 6 month price trend in GRACYWOODS: fallen 12.4%. The best comp here is 1101 Huntridge DR, Austin TX 78758 at an adjusted value of $373,577, a strong comparable. With 6 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