12420 Cardinal Flower, Austin TX 78739

My analysis of 7 comparable properties puts this home's estimated value at $613,788. Based on how the local market is moving, a list price between $653,000 and $660,000 would position this home well. Buyers shopping in GREYROCK RIDGE right now would see this as a well positioned option among 4 comparable homes. At 202 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.00 acres versus the area average of 0.16) contributes to the valuation. Current inventory shows 4 comparable homes in GREYROCK RIDGE; a buyer's market based on recent absorption. The 6 month price trend in GREYROCK RIDGE: risen 0.8%. The best comp here is 5208 Cornflower DR, Austin TX 78739 at an adjusted value of $607,678, with a smaller floor plan. The comp data here (7 sales in GREYROCK RIDGE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus