602 W Grady DR, Austin TX 78753

My analysis of 7 comparable properties puts this home's estimated value at $510,618. Based on how the local market is moving, a list price between $383,000 and $393,000 would position this home well. This home's position in the current MOCKINGBIRD HILL market: the most expensive of 6 comparable homes on the market among comparable properties. This home's larger footprint (713 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.21 acres versus the area average of 0.36) contributes to the valuation. Current inventory shows 6 comparable homes in MOCKINGBIRD HILL; a buyer's market based on recent absorption. The 6 month price trend in 78753: fallen 0.2%. The best comp here is 11707 Hornsby ST, Austin TX 78753 at an adjusted value of $442,825, with a smaller floor plan. The comp data here (7 sales in MOCKINGBIRD HILL) 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