501 Grissom CT, Austin TX 78753

The market data from 7 similar recent sales in 78753 points to a value of approximately $404,501. To sell within a reasonable timeframe at fair market value, the $449,000 to $466,000 range is where I'd position this. Against 3 similar active listings in 78753, this price point lands at the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (395 sqft vs the comp average) plays a role in how the market prices it. The 1964 construction puts this home 25 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in 78753 (a buyer's market), competition is a factor to consider. In 78753, home values have fallen approximately 0.2% over the past 6 months. One of the strongest data points is 9100 Shepard DR, Austin TX 78753, adjusting to $407,735; with a smaller floor plan. 7 comparable transactions in 78753 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