12109 Standing Cypress DR, Austin TX 78739

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $683,609. I'd recommend coming to market at $458,000 to $468,000 to strike the right balance between value and market velocity. In the current GREYROCK RIDGE market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Being 215 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.22 acre lot (larger than the 0.16 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in GREYROCK RIDGE, listed between $469,500 and $650,000. The trend in GREYROCK RIDGE shows prices have fallen 1.5% in the past 6 months. 5208 Cornflower DR, Austin TX 78739 nearby adjusts to $673,612; a strong comparable. Based on 4 relevant data points in GREYROCK RIDGE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX