4110 Wayfarer WAY, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,958,718. For a well positioned listing in GROVE, I'd target the $1,920,000 to $1,998,000 range. Against 7 similar active listings in GROVE, this price point lands at the most affordable of 7 comparable homes on the market. This home's larger footprint (273 sqft vs the comp average) plays a role in how the market prices it. At 0.05 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in GROVE, ranging from $2,349,990 to $4,800,000. Recent trends in GROVE show home values have fallen 13.5% since 6 months ago. The most comparable recent sale is 4011 Independent WAY, Austin TX 78731, with an adjusted value of $1,819,600; with a smaller floor plan. 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