3801 Grayson LN # A, Austin TX 78722

The market data from 7 similar recent sales in GILES PLACE points to a value of approximately $719,828. To sell within a reasonable timeframe at fair market value, the $632,000 to $642,000 range is where I'd position this. With 4 comparable homes on the market in GILES PLACE, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. The 2015 construction puts this home 11 years newer than the comp average, a factor in the pricing. At 0.19 acres, the lot is larger than the 0.10 acre comp average, which factors into pricing. The active market in GILES PLACE includes 4 comparable homes priced from $575,000 to $1,150,000. In 78722, home values have fallen approximately 12.2% over the past 6 months. One of the strongest data points is 2209 Palo Pinto DR # A, Austin TX 78723, adjusting to $767,244; 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