5016 Mandevilla DR, Austin TX 78739

The market data from 3 similar recent sales in GREYROCK RIDGE points to a value of approximately $857,215. To sell within a reasonable timeframe at fair market value, the $719,000 to $729,000 range is where I'd position this. Against 7 similar active listings in GREYROCK RIDGE, this price point lands at the 4th most expensive of 7 comparable homes on the market. Being 557 sqft larger than the average comparable sale in this area impacts the per square foot value. There are currently 7 similar homes on the market in GREYROCK RIDGE, ranging from $699,000 to $995,000. In GREYROCK RIDGE, home values have fallen approximately 1.5% over the past 6 months. One of the strongest data points is 5305 Allamanda DR, Austin TX 78739, adjusting to $924,533; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group