8903 El Rey BLVD, Austin TX 78737

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $503,080. I'd recommend coming to market at $359,000 to $369,000 to strike the right balance between value and market velocity. Against 4 similar active listings in GRANADA HILLS, this price point lands at the 2nd least expensive of 4 comparable homes on the market. At 314 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1972, this home is 7 years older than the average comp, which is reflected in the adjustments. The active market in GRANADA HILLS includes 4 comparable homes priced from $324,900 to $1,850,000. The trend in GRANADA HILLS shows prices have risen 7.7% in the past 6 months. 7804 Phoenix Pass, Austin TX 78737 nearby adjusts to $432,500; with a larger 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