3911 Grayson LN, Austin TX 78722

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $729,214. To generate strong buyer interest while maximizing value, I'd price this between $589,000 and $599,000. Against 7 similar active listings in SCHIEFFER PLACE, this price point lands at the 3rd least expensive of 7 comparable homes on the market. At 104 sqft larger than the typical comp, the size difference factors into the valuation. The 1958 construction puts this home 8 years newer than the comp average, a factor in the pricing. The active market in SCHIEFFER PLACE includes 7 comparable homes priced from $525,000 to $1,150,000. The trend in 78722 shows prices have fallen 11.5% in the past 6 months. 4202 Wilshire PKWY, Austin TX 78722 nearby adjusts to $649,463; a strong comparable. 7 comparable transactions in SCHIEFFER PLACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group