10308 Echoridge DR, Austin TX 78750

Reviewing the most recent comparable transactions, this home's market value falls around $552,211. For a well positioned listing in SPICEWOOD BULL CREEK GARDEN, I'd target the $356,000 to $366,000 range. In the current SPICEWOOD BULL CREEK GARDEN market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 1991 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.30 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SPICEWOOD BULL CREEK GARDEN; a balanced market based on recent absorption. Recent trends in 78750 show home values have fallen 21.8% since 6 months ago. The most comparable recent sale is 9518 Topridge DR # 7, Austin TX 78750, with an adjusted value of $453,628; a strong comparable. 7 comparable transactions in SPICEWOOD BULL CREEK GARDEN 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