1600 Elvas WAY, Austin TX 78758

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $620,602. To generate strong buyer interest while maximizing value, I'd price this between $401,000 and $411,000. In the current GRACYWOODS & market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. At 0.21 acres, the lot is larger than the 0.18 acre comp average, which factors into pricing. With 7 similar homes currently listed in GRACYWOODS & (a buyer's market), competition is a factor to consider. The trend in 78758 shows prices have fallen 6.1% in the past 6 months. 12029 Lincolnshire DR, Austin TX 78758 nearby adjusts to $663,459; with no pool. 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