9500 San Lucas, Austin TX 78737

The estimated value of this property is $1,291,858, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,253,000 and $1,331,000. Against 5 similar active listings in GRANADA OAKS, this price point lands at the most affordable of 5 comparable homes on the market. This home's larger footprint (262 sqft vs the comp average) plays a role in how the market prices it. The 1.03 acre lot (smaller than the 1.07 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in GRANADA OAKS; a balanced market based on recent absorption. Recent trends in 78737 show home values have risen 2.3% since 6 months ago. The most comparable recent sale is 9514 San Lucas DR, Austin TX 78737, with an adjusted value of $1,337,021; with a smaller floor plan and a pool. 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