8807 El Rey BLVD, Austin TX 78737

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $512,688. To generate strong buyer interest while maximizing value, I'd price this between $497,000 and $528,000. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in GRANADA HILLS. This home's smaller footprint (135 sqft vs the comp average) plays a role in how the market prices it. At 0.87 acres, the lot is larger than the 0.82 acre comp average, which factors into pricing. The active market in GRANADA HILLS includes 2 comparable homes priced from $639,000 to $724,990. The trend in GRANADA HILLS shows prices have fallen 29.6% in the past 6 months. 8402 Candelaria DR, Austin TX 78737 nearby adjusts to $466,688; a strong comparable. 3 comparable transactions in GRANADA HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group