Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,024,489. I'd recommend coming to market at $1,031,000 to $1,093,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in GRAND MESA/CRYSTAL FALLS II. The 1.65 acre lot (larger than the 1.32 acre average) is reflected in the estimate. Buyers in GRAND MESA/CRYSTAL FALLS II have 5 comparable options right now, with asking prices between $999,999 and $1,350,000. The trend in 78641 shows prices have fallen 4.8% in the past 6 months. 916 Dream Catcher DR, Leander TX 78641 nearby adjusts to $1,030,534; with a smaller floor plan. Based on 4 relevant data points in GRAND MESA/CRYSTAL FALLS II, 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
