4406 Elmsgrove DR, Austin TX 78721

Taking into account 3 nearby comparable sales, this property's estimated value comes to $404,964. If we were to list this property today, I'd recommend a list price in the $349,000 to $359,000 range. Relative to what's currently available in STONE GATE, this home would be the 2nd least expensive of 7 comparable homes on the market. Being built in 1965 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.45 acres versus 0.37 for the typical comp. Current inventory shows 7 comparable homes in STONE GATE; a buyer's market based on recent absorption. The 6 month price trend in STONE GATE: risen 14.8%. The best comp here is 4505 Woodmoor CIR, Austin TX 78721 at an adjusted value of $369,455, with a larger floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus