8410 Empress BLVD, Austin TX 78745

The estimated value of this property is $418,989, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $433,000 and $434,000. With 7 comparable homes on the market in GRAND OAKS, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Built in 2004, this home is 7 years older than the average comp, which is reflected in the adjustments. The 0.17 acre lot (larger than the 0.14 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in GRAND OAKS; a balanced market based on recent absorption. Recent trends in GRAND OAKS show home values have fallen 8.5% since 6 months ago. The most comparable recent sale is 8317 Empress BLVD, Austin TX 78745, with an adjusted value of $491,230; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group