327 E Briarway DR, Granite Shoals TX 78654

The estimated value of this property is $299,510, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $226,000 and $236,000. In the current MYSTIC CASTLE market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. Being 421 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2001, this home is 8 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 2 comparable homes in MYSTIC CASTLE; a buyer's market based on recent absorption. Recent trends in 78654 show home values have fallen 25.2% since 6 months ago. The most comparable recent sale is 2410 Lakeview LN, Granite Shoals TX 78654, with an adjusted value of $175,750; with a larger floor plan. Based on 7 relevant data points in MYSTIC CASTLE, 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