Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,085,723. I'd recommend coming to market at $801,000 to $811,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in GREEN ACRES. Buyers in GREEN ACRES have 7 comparable options right now, with asking prices between $849,000 and $1,195,000. The trend in GREEN ACRES shows prices have risen 95.5% in the past 6 months. 2601 Geraghty Ave, Austin TX 78757 nearby adjusts to $1,045,920; with a smaller floor plan. With 4 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