507 W Grady DR, Austin TX 78753

Based on 4 closed sales in MOCKINGBIRD HILL, the data points to a value around $372,855 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $294,000 to $304,000. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in MOCKINGBIRD HILL's current inventory. The larger floor plan (151 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1991 (10 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in MOCKINGBIRD HILL (a buyer's market), competition is a factor to consider. Market data shows 78753 prices fallen 0.2% over the last half year. The closest comparable sale, 10312 Georgian DR, Austin TX 78753 at an adjusted $357,716, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in MOCKINGBIRD HILL. 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