3709 Grayson LN # A, Austin TX 78722

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $690,762. Pricing this home between $670,000 and $711,000 would put it in the competitive sweet spot for GILES PLACE. This home's position in the current GILES PLACE market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The larger lot (0.20 acres versus the area average of 0.08) contributes to the valuation. Current inventory shows 3 comparable homes in GILES PLACE; a buyer's market based on recent absorption. Market data shows 78722 prices fallen 11.5% over the last half year. The closest comparable sale, 2107 Greenwood Ave # B, Austin TX 78723 at an adjusted $692,150, is a strong comparable. The comp data here (7 sales in GILES PLACE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus