1200 Space LN, Austin TX 78758

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $534,593. Pricing this home between $413,000 and $423,000 would put it in the competitive sweet spot for GRACYWOODS. This home's position in the current GRACYWOODS market: the most expensive of 6 comparable homes on the market among comparable properties. The larger lot (0.23 acres versus the area average of 0.19) contributes to the valuation. With 6 similar homes currently listed in GRACYWOODS (a seller's market), competition is a factor to consider. Market data shows GRACYWOODS prices risen 8% over the last half year. The closest comparable sale, 1405 Gracy DR, Austin TX 78758 at an adjusted $518,570, is a strong comparable. With 7 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