1413 Gorham ST, Austin TX 78758

The estimated value of this property is $651,516, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $565,000 and $575,000. Against 7 similar active listings in ENCLAVE GRACYWOODS, this price point lands at the 4th most expensive of 7 comparable homes on the market. At 158 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2008, this home is 17 years newer than the average comp, which is reflected in the adjustments. The active market in ENCLAVE GRACYWOODS includes 7 comparable homes priced from $499,900 to $974,999. Recent trends in 78758 show home values have fallen 3.5% since 6 months ago. The most comparable recent sale is 1424 Gracy DR, Austin TX 78758, with an adjusted value of $645,872; with a smaller floor plan. 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