8703 Candelaria, Austin TX 78737

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $671,715. I'd recommend coming to market at $353,000 to $363,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 6 comparable homes on the market comparable homes currently on the market in GRANADA HILLS. Being 164 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 0.85 acre lot (smaller than the 0.94 acre average) is reflected in the estimate. 6 similar homes are currently available in GRANADA HILLS, creating a balanced market for this price range. The trend in GRANADA HILLS shows prices have fallen 17.2% in the past 6 months. 8402 La Tosca DR, Austin TX 78737 nearby adjusts to $735,481; with a smaller floor plan and a pool. With 3 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