9434 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 $531,389. I'd recommend coming to market at $698,000 to $801,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in GRANADA ESTATES, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (101 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 3 of 3 comparable homes not offering one. Current inventory shows 7 comparable homes in GRANADA ESTATES; a balanced market based on recent absorption. The trend in 78737 shows prices have fallen 4.3% in the past 6 months. 9424 El Rey BLVD, Austin TX 78737 nearby adjusts to $585,529; with a smaller floor plan and no pool. Based on 3 relevant data points in GRANADA ESTATES, 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