1605 Grayford DR # 2, Austin TX 78704

The market data from 7 similar recent sales in SOUTHRIDGE WEST points to a value of approximately $754,964. To sell within a reasonable timeframe at fair market value, the $817,000 to $838,000 range is where I'd position this. Against 5 similar active listings in SOUTHRIDGE WEST, this price point lands at the 3rd most expensive of 5 comparable homes on the market. Current inventory shows 5 comparable homes in SOUTHRIDGE WEST; a buyer's market based on recent absorption. In 78704, home values have fallen approximately 4% over the past 6 months. One of the strongest data points is 801 Post Oak ST, Austin TX 78704, adjusting to $1,082,157; a strong comparable. 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