8014 El Dorado DR, Austin TX 78737

The market data from 7 similar recent sales in GRANADA ESTATES points to a value of approximately $557,162. To sell within a reasonable timeframe at fair market value, the $402,000 to $412,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in GRANADA ESTATES. The 129 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.09 acres, the lot is larger than the 0.87 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in GRANADA ESTATES, listed between $400,000 and $1,100,000. In GRANADA ESTATES, home values have fallen approximately 31.3% over the past 6 months. One of the strongest data points is 9010 El Rey BLVD, Austin TX 78737, adjusting to $588,878; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group