3903 Fable LN, Austin TX 78731

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $1,156,469. Pricing this home between $1,532,000 and $1,780,000 would put it in the competitive sweet spot for GROVE. This pricing would rank the home as the most affordable of 4 comparable homes on the market in GROVE's current inventory. This home's smaller footprint (138 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.20 acres versus the area average of 0.15) contributes to the valuation. 4 similar homes are currently available in GROVE, creating a balanced market for this price range. Market data shows GROVE prices fallen 13.7% over the last half year. The closest comparable sale, 4107 Wayfarer WAY, Austin TX 78731 at an adjusted $1,219,243, is with a larger floor plan. With 3 comparable sales in GROVE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group