5305 Grover Ave, Austin TX 78756

Based on 7 closed sales in SKYLAND TERRACE, the data points to a value around $792,143 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,529,000 to $1,916,000. Relative to what's currently available in SKYLAND TERRACE, this home would be the most affordable of 6 comparable homes on the market. The 2,159 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1939 (28 years older than comps) is factored into the value estimate. Right now, 6 similar properties are competing for buyers in SKYLAND TERRACE, listed between $1,699,999 and $2,350,000. The closest comparable sale, 5400 Sunshine DR, Austin TX 78756 at an adjusted $1,047,480, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in SKYLAND TERRACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group