1401 Lance WAY, Austin TX 78758

Reviewing the most recent comparable transactions, this home's market value falls around $534,053. For a well positioned listing in GRACYWOODS, I'd target the $412,000 to $422,000 range. Against 7 similar active listings in GRACYWOODS, this price point lands at the most expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in GRACYWOODS; a seller's market based on recent absorption. Recent trends in GRACYWOODS show home values have risen 5.4% since 6 months ago. The most comparable recent sale is 1405 Gracy DR, Austin TX 78758, with an adjusted value of $522,248; a strong comparable. 7 comparable transactions in GRACYWOODS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group