10206 Spicewood Mesa, Austin TX 78759

Reviewing the most recent comparable transactions, this home's market value falls around $1,049,883. For a well positioned listing in SPICEWOOD HILLS, I'd target the $1,181,000 to $1,222,000 range. In the current SPICEWOOD HILLS market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (501 sqft vs the comp average) plays a role in how the market prices it. The 1989 construction puts this home 5 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in SPICEWOOD HILLS, ranging from $969,000 to $1,450,000. Recent trends in 78759 show home values have risen 6.2% since 6 months ago. The most comparable recent sale is 7916 Yaupon DR, Austin TX 78759, with an adjusted value of $1,095,250; with a smaller floor plan. 4 comparable transactions in SPICEWOOD HILLS 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