3909 Grayson LN, Austin TX 78722

Reviewing the most recent comparable transactions, this home's market value falls around $818,863. For a well positioned listing in SCHIEFFER PLACE, I'd target the $864,000 to $921,000 range. Against 7 similar active listings in SCHIEFFER PLACE, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 114 sqft size difference versus comparable sales is reflected in the adjusted values. The 1960 construction puts this home 9 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in SCHIEFFER PLACE, creating a buyer's market for this price range. Recent trends in 78722 show home values have fallen 11.5% since 6 months ago. The most comparable recent sale is 1708 E 40th ST, Austin TX 78722, with an adjusted value of $1,162,482; a strong comparable. The 4 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