5113 Rain Lily DR, Austin TX 78739

After reviewing 3 recent transactions in GREYROCK RIDGE, I estimate this property's value at $580,220. A competitive list price for this home right now would fall in the $382,000 to $392,000 range. This home's position in the current GREYROCK RIDGE market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The smaller lot (0.00 acres versus the area average of 0.16) contributes to the valuation. The active market in GREYROCK RIDGE includes 7 comparable homes priced from $385,000 to $599,900. Prices in GREYROCK RIDGE have fallen 9% over the last 6 months. A similar home at 5205 Allamanda DR, Austin TX 78739 carries an adjusted comparable value of $586,491, providing a strong data point. With 3 comparable sales in GREYROCK RIDGE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group