The market data from 7 similar recent sales in GREYROCK RIDGE points to a value of approximately $815,421. To sell within a reasonable timeframe at fair market value, the $857,000 to $861,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in GREYROCK RIDGE. The active market in GREYROCK RIDGE includes 7 comparable homes priced from $725,000 to $1,345,000. In GREYROCK RIDGE, home values have fallen approximately 9% over the past 6 months. One of the strongest data points is 5213 Mandevilla DR, Austin TX 78739, adjusting to $797,600; a strong comparable. 7 comparable transactions in GREYROCK RIDGE 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
