9505 Vera Cruz, Austin TX 78737

The market data from 7 similar recent sales in GRANADA OAKS points to a value of approximately $1,180,895. To sell within a reasonable timeframe at fair market value, the $1,315,000 to $1,391,000 range is where I'd position this. Against 5 similar active listings in GRANADA OAKS, this price point lands at the most affordable of 5 comparable homes on the market. The larger floor plan (160 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.14 acres, the lot is larger than the 0.37 acre comp average, which factors into pricing. 5 similar homes are currently available in GRANADA OAKS, creating a balanced market for this price range. In 78737, home values have risen approximately 3.9% over the past 6 months. One of the strongest data points is 9514 San Lucas DR, Austin TX 78737, adjusting to $1,390,878; with a smaller floor plan and a pool. 7 comparable transactions in GRANADA OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group