9303 San Lucas, Austin TX 78737

The market data from 7 similar recent sales in GRANADA OAKS points to a value of approximately $1,665,980. To sell within a reasonable timeframe at fair market value, the $1,109,000 to $1,119,000 range is where I'd position this. With 7 comparable homes on the market in GRANADA OAKS, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (274 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 2 of 7 comparable sales didn't include one. With 7 similar homes currently listed in GRANADA OAKS (a balanced market), competition is a factor to consider. In 78737, home values have risen approximately 1.8% over the past 6 months. One of the strongest data points is 9015 San Diego RD, Austin TX 78737, adjusting to $1,774,367; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group