4501 Grand Cypress DR, Austin TX 78747

Based on 5 closed sales in 78747, the data points to a value around $674,937 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $522,000 to $532,000. Relative to what's currently available in 78747, this home would be the most expensive of 3 comparable homes on the market. This home's smaller footprint (127 sqft vs the comp average) plays a role in how the market prices it. A pool adds market appeal. Only 5 minus 2 of the comps had one. Right now, 3 similar properties are competing for buyers in 78747, listed between $485,000 and $625,000. Market data shows 78747 prices risen 0.5% over the last half year. The closest comparable sale, 10825 River Plantation DR, Austin TX 78747 at an adjusted $681,065, is with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in 78747. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group