8318 Minnesota LN, Austin TX 78745

Off Market

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Ed's Opinion of Value

$366,513 Ed's Estimate: $411,567 $459,500

Lowest Comp Recommended List: $411,000 to $439,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $411,567. For a well positioned listing in GRAND OAKS, I'd target the $411,000 to $439,000 range. With 4 comparable homes on the market in GRAND OAKS, this price positions the property as the most expensive of 4 comparable homes on the market. Current inventory shows 4 comparable homes in GRAND OAKS; a seller's market based on recent absorption. Recent trends in GRAND OAKS show home values have fallen 10% since 6 months ago. The most comparable recent sale is 8801 Dulcet DR, Austin TX 78745, with an adjusted value of $438,718; a strong comparable. The 5 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

GRAND OAKS Market Trends

$495,000 Median Sold Price ▼ 10% 6mo

$268/sqft Median $/SqFt ▲ 5.9% 6mo

13 days Avg Days on Market 10 days faster

2 homes Active Inventory 1.7 mo supply

98.2% Sale-to-List Ratio

7 Sales (6 months)

Recently Sold Comparables

$438,718 adjusted 8801 Dulcet DR, Austin TX 78745 3bd / 3.0ba • 1,474 sqft • 0.1 mi Sold 4 months ago

$452,802 adjusted 8317 Empress BLVD, Austin TX 78745 3bd / 3.0ba • 1,474 sqft • 0.1 mi Sold 3 months ago

$391,641 adjusted 8528 Steamline CIR, Austin TX 78745 3bd / 2.0ba • 1,336 sqft • 0.4 mi Sold 4 days ago

$366,513 adjusted 7709 Menchaca RD # 5, Austin TX 78745 3bd / 3.0ba • 1,692 sqft • 1.1 mi Sold 6 months ago

$366,513 adjusted 7709 Menchaca RD # 14, Austin TX 78745 3bd / 3.0ba • 1,692 sqft • 0.6 mi Sold 10 months ago

Currently on Market

$459,500 2511 Keepsake DR, Austin TX 78745 3bd / 3.0ba • 1,474 sqft • 0.1 mi 30 days on market

$399,999 8507 Dulcet DR, Austin TX 78745 3bd / 3.0ba • 1,438 sqft • 0.3 mi 79 days on market

$399,000 6708 Menchaca RD # 2, Austin TX 78745 2bd / 3.0ba • 1,575 sqft • 1.2 mi 2 days on market

3 Beds

3 Baths 2 Full, 1 Half

1,507 Sq Ft

0.139 Acres

2006 Built

2 Garage

About This Property

No show until Dec. 26th then one hour notice please - pets. This one will go quick so hurry! Nicest home in sought after Grand Oaks. Beautifully decorated home on corner lot with oversized backyard, gorgeous kitchen with dark cabinets, granite counters, stainless steel appliances and center island. High ceilings, large bedrooms and beautiful tile floors. Tucked away in quiet, tree lined back part of neighborhood - a must see for your south Austin buyers. Note - more photos and virtual tour coming soon!

Features

High Ceilings
Interior Steps
Multiple Living Areas
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Cunningham

Middle School Covington

High School Crockett

Property Details

Property Type Residential

Flooring Carpet, Tile

Cooling Central Air

Heating Central

Exterior Exterior Steps

County Travis

MLS # 2031347

Garage 2 spaces

HOA & Community

HOA Fee $75 /Quarterly

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $3,925 (2012)

Listing History

MLS# 2031347 4 days

Jan 15, 2013	Off Market
Dec 27, 2012	Pending
Dec 23, 2012	Listed	$194,900

Frequently Asked Questions About 8318 Minnesota LN, Austin TX 78745

When was 8318 Minnesota LN, Austin TX 78745 built?

8318 Minnesota LN, Austin TX 78745 was built in 2006.

How much does 8318 Minnesota LN, Austin TX 78745 cost?

8318 Minnesota LN, Austin TX 78745 sold on January 15, 2013. Contact us for sale price details.

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