5013 Mandevilla DR, Austin TX 78739

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $595,085. I'd recommend coming to market at $433,000 to $443,000 to strike the right balance between value and market velocity. Among the similar homes currently available in GREYROCK RIDGE, this price point stands out as competitive. The larger floor plan (119 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.00 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in GREYROCK RIDGE; a buyer's market based on recent absorption. The trend in GREYROCK RIDGE shows prices have risen 0.1% in the past 6 months. 5208 Cornflower DR, Austin TX 78739 nearby adjusts to $589,535; a strong comparable. Based on 6 relevant data points in GREYROCK RIDGE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX