4317 Prevail LN, Austin TX 78731

The market data from 5 similar recent sales in GROVE points to a value of approximately $1,518,702. To sell within a reasonable timeframe at fair market value, the $1,718,000 to $2,064,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in GROVE. At 352 sqft larger than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 0.08 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in GROVE, ranging from $1,375,000 to $2,925,000. In GROVE, home values have fallen approximately 12.8% over the past 6 months. One of the strongest data points is 4510 Unity CIR # 258, Austin TX 78731, adjusting to $1,136,272; a strong comparable. 5 comparable transactions in GROVE 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