9502 San Lucas RD, Austin TX 78737

The estimated value of this property is $1,143,667, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $887,000 and $897,000. With 7 comparable homes on the market in GRANADA OAKS, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (363 sqft vs the comp average) plays a role in how the market prices it. Built in 2011, this home is 6 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in GRANADA OAKS; a balanced market based on recent absorption. Recent trends in 78737 show home values have fallen 4.7% since 6 months ago. The most comparable recent sale is 9514 San Lucas DR, Austin TX 78737, with an adjusted value of $1,333,903; with a smaller floor plan and a pool. 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