Taking into account 7 nearby comparable sales, this property's estimated value comes to $406,209. If we were to list this property today, I'd recommend a list price in the $223,000 to $233,000 range. This pricing would rank the home as the most expensive of 7 comparable homes on the market in GREYSTONE TWNHS's current inventory. Lot size matters here: 0.01 acres versus 0.11 for the typical comp. Current inventory shows 7 comparable homes in GREYSTONE TWNHS; a buyer's market based on recent absorption. The 6 month price trend in 78731: fallen 15.3%. The best comp here is 6910 Hart LN # 805, Austin TX 78731 at an adjusted value of $342,824, a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus