12212 Tuberose TER, Austin TX 78739

Reviewing the most recent comparable transactions, this home's market value falls around $938,422. For a well positioned listing in GREYROCK RIDGE, I'd target the $735,000 to $745,000 range. With 7 comparable homes on the market in GREYROCK RIDGE, this price positions the property as the most expensive of 7 comparable homes on the market. The larger floor plan (361 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.21 acres, the lot is smaller than the 0.25 acre comp average, which factors into pricing. With 7 similar homes currently listed in GREYROCK RIDGE (a seller's market), competition is a factor to consider. Recent trends in GREYROCK RIDGE show home values have risen 13.4% since 6 months ago. The most comparable recent sale is 12520 Cardinal Flower DR, Austin TX 78739, with an adjusted value of $958,251; with a smaller floor plan. The 4 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