4707 Craigwood DR, Austin TX 78725

After reviewing 5 recent transactions in CRAIGWOOD, I estimate this property's value at $634,397. A competitive list price for this home right now would fall in the $485,000 to $495,000 range. This home's position in the current CRAIGWOOD market: the most expensive of 4 comparable homes on the market among comparable properties. The larger lot (0.19 acres versus the area average of 0.15) contributes to the valuation. Buyers in CRAIGWOOD have 4 comparable options right now, with asking prices between $489,900 and $600,000. Prices in 78725 have fallen 1.8% over the last 6 months. A similar home at 1609 Greenwood Ave # A, Austin TX 78721 carries an adjusted comparable value of $647,069, providing a strong data point. With 5 comparable sales in CRAIGWOOD, 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