8900 Cima CIR, Austin TX 78737

The estimated value of this property is $706,245, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $380,000 and $390,000. In the current GRANADA HILLS market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Being 475 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1.01 acre lot (larger than the 0.92 acre average) is reflected in the estimate. With 7 similar homes currently listed in GRANADA HILLS (a balanced market), competition is a factor to consider. Recent trends in GRANADA HILLS show home values have fallen 17.2% since 6 months ago. The most comparable recent sale is 7804 Phoenix Pass, Austin TX 78737, with an adjusted value of $566,511; with a smaller floor plan. Based on 7 relevant data points in GRANADA 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