5209 Allamanda DR, Austin TX 78739

My analysis of 7 comparable properties puts this home's estimated value at $761,657. Based on how the local market is moving, a list price between $825,000 and $899,000 would position this home well. This would position the home competitively among 7 active listings in GREYROCK RIDGE. Being 184 sqft larger than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.15 acres versus the area average of 0.24) contributes to the valuation. Current inventory shows 7 comparable homes in GREYROCK RIDGE; a balanced market based on recent absorption. The 6 month price trend in GREYROCK RIDGE: fallen 1.5%. The best comp here is 5305 Allamanda DR, Austin TX 78739 at an adjusted value of $821,712, with a larger floor plan. With 7 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