1412 Gorham ST, Austin TX 78758

The market data from 7 similar recent sales in ENCLAVE GRACYWOODS points to a value of approximately $652,618. To sell within a reasonable timeframe at fair market value, the $562,000 to $572,000 range is where I'd position this. In the current ENCLAVE GRACYWOODS market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. Being 135 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2009 construction puts this home 18 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in ENCLAVE GRACYWOODS; a buyer's market based on recent absorption. In 78758, home values have fallen approximately 4.6% over the past 6 months. One of the strongest data points is 1424 Gracy DR, Austin TX 78758, adjusting to $644,660; with a smaller floor plan. The 7 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