5216 Rain Lily DR, Austin TX 78739

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $680,355. Pricing this home between $797,000 and $857,000 would put it in the competitive sweet spot for GREYROCK RIDGE. This home's position in the current GREYROCK RIDGE market: the most affordable of 3 comparable homes on the market among comparable properties. At 157 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.00 acres versus the area average of 0.18) contributes to the valuation. Current inventory shows 3 comparable homes in GREYROCK RIDGE; a buyer's market based on recent absorption. Market data shows GREYROCK RIDGE prices fallen 1.5% over the last half year. The closest comparable sale, 13129 Cardinal Flower DR, Austin TX 78739 at an adjusted $716,591, is a strong comparable. The comp data here (3 sales in GREYROCK RIDGE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus