10007 Kabar TRL, Austin TX 78759

After reviewing 5 recent transactions in SPICEWOOD HILLS, I estimate this property's value at $944,203. A competitive list price for this home right now would fall in the $1,018,000 to $1,019,000 range. This home's position in the current SPICEWOOD HILLS market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (191 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.64 acres versus the area average of 0.47) contributes to the valuation. The active market in SPICEWOOD HILLS includes 7 comparable homes priced from $969,000 to $1,450,000. Prices in 78759 have risen 5.1% over the last 6 months. A similar home at 10406 Yucca DR, Austin TX 78759 carries an adjusted comparable value of $895,712, providing a strong data point. With 5 comparable sales in SPICEWOOD HILLS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group