1618 Woodwind LN, Austin TX 78758

Based on 7 closed sales in GRACY WOODS, the data points to a value around $672,972 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $730,000 to $759,000. This home's position in the current GRACY WOODS market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. Being built in 2020 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.09 for the typical comp. With 5 similar homes currently listed in GRACY WOODS (a buyer's market), competition is a factor to consider. Market data shows 78758 prices fallen 5.7% over the last half year. The closest comparable sale, 1602 Kit CIR, Austin TX 78758 at an adjusted $758,743, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in GRACY WOODS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group