8001 El Dorado DR, Austin TX 78737

Based on 7 closed sales in GRANADA ESTATES, the data points to a value around $578,466 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $494,000 to $504,000. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in GRANADA ESTATES's current inventory. Lot size matters here: 1.25 acres versus 1.17 for the typical comp. Right now, 4 similar properties are competing for buyers in GRANADA ESTATES, listed between $470,000 and $849,000. Market data shows GRANADA ESTATES prices fallen 31.3% over the last half year. The closest comparable sale, 9010 El Rey BLVD, Austin TX 78737 at an adjusted $579,977, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in GRANADA ESTATES. 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