8503 GRAYLEDGE DR, Austin TX 78753

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $269,875. I'd recommend coming to market at $262,000 to $278,000 to strike the right balance between value and market velocity. In the current HERITAGE HILLS market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. The 152 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1964, this home is 7 years older than the average comp, which is reflected in the adjustments. The active market in HERITAGE HILLS includes 5 comparable homes priced from $235,000 to $350,000. The trend in HERITAGE HILLS shows prices have risen 0% in the past 6 months. 9703 Dallum DR, Austin TX 78753 nearby adjusts to $346,751; with a larger floor plan. Based on 3 relevant data points in HERITAGE HILLS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX