9116 La Fauna VW, Austin TX 78737

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $561,128. I'd recommend coming to market at $567,000 to $625,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in GRANADA ESTATES, this price positions the property as the most expensive of 3 comparable homes on the market. This home's smaller footprint (150 sqft vs the comp average) plays a role in how the market prices it. The 1.05 acre lot (larger than the 0.89 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in GRANADA ESTATES; based on recent absorption. The trend in GRANADA ESTATES shows prices have fallen 31.3% in the past 6 months. 9010 El Rey BLVD, Austin TX 78737 nearby adjusts to $567,458; with a larger floor plan. 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