9609 Grand Oak DR, Austin TX 78750

The estimated value of this property is $1,010,177, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $847,000 and $857,000. With 7 comparable homes on the market in OAK SUMMIT, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Built in 1999, this home is 9 years newer than the average comp, which is reflected in the adjustments. The 0.62 acre lot (larger than the 0.43 acre average) is reflected in the estimate. 7 similar homes are currently available in OAK SUMMIT, creating a balanced market for this price range. Recent trends in 78750 show home values have fallen 9.6% since 6 months ago. The most comparable recent sale is 7916 Yaupon DR, Austin TX 78759, with an adjusted value of $1,013,518; with a smaller floor plan. 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