11940 Meadowfire DR, Austin TX 78758

The market data from 6 similar recent sales in GRACYWOODS points to a value of approximately $582,611. To sell within a reasonable timeframe at fair market value, the $584,000 to $620,000 range is where I'd position this. In the current GRACYWOODS market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (357 sqft vs the comp average) plays a role in how the market prices it. At 0.24 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. The active market in GRACYWOODS includes 3 comparable homes priced from $515,000 to $625,000. In GRACYWOODS, home values have risen approximately 11.8% over the past 6 months. One of the strongest data points is 11927 Bittern HOLW, Austin TX 78758, adjusting to $530,400; with a smaller floor plan. 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