8203 Greyhawk CV, Austin TX 78744

Based on 4 closed sales in ADDISON, the data points to a value around $414,229 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $631,000 to $634,000. Buyers shopping in ADDISON right now would see this as a well positioned option among 7 comparable homes. Being 497 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 2022 (5 years newer than comps) is factored into the value estimate. The active market in ADDISON includes 7 comparable homes priced from $415,000 to $700,000. Market data shows ADDISON prices fallen 7.6% over the last half year. The closest comparable sale, 8108 Turnberry LN, Austin TX 78744 at an adjusted $410,735, is with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in ADDISON. 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