The market data from 7 similar recent sales in GREYROCK RIDGE points to a value of approximately $808,251. To sell within a reasonable timeframe at fair market value, the $844,000 to $848,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in GREYROCK RIDGE. Being 168 sqft larger than the average comparable sale in this area impacts the per square foot value. The active market in GREYROCK RIDGE includes 7 comparable homes priced from $720,000 to $975,000. In GREYROCK RIDGE, home values have risen approximately 0.1% over the past 6 months. One of the strongest data points is 5305 Allamanda DR, Austin TX 78739, adjusting to $816,188; with a larger floor plan. 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
