4103 Monticello CIR, Austin TX 78721

My analysis of 3 comparable properties puts this home's estimated value at $371,552. Based on how the local market is moving, a list price between $482,000 and $491,000 would position this home well. This home's position in the current GRANT PARK market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. At 8 years older than typical comps, the 1959 build date influences the valuation. The larger lot (0.34 acres versus the area average of 0.23) contributes to the valuation. There are currently 7 similar homes on the market in GRANT PARK, ranging from $350,000 to $621,500. The 6 month price trend in 78721: fallen 3.5%. The best comp here is 5101 Woodmoor DR, Austin TX 78721 at an adjusted value of $395,032, with a larger floor plan. With 3 comparable sales in GRANT PARK, 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