1218 Doonesbury DR, Austin TX 78758

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $450,968. I'd recommend coming to market at $320,000 to $330,000 to strike the right balance between value and market velocity. Against 7 similar active listings in GRACYWOODS, this price point lands at the 3rd most expensive of 7 comparable homes on the market. This home's smaller footprint (125 sqft vs the comp average) plays a role in how the market prices it. With 7 similar homes currently listed in GRACYWOODS (a balanced market), competition is a factor to consider. The trend in GRACYWOODS shows prices have fallen 4.1% in the past 6 months. 1413 Charolais DR, Austin TX 78758 nearby adjusts to $414,625; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group