10525 Grand Oak CIR, Austin TX 78750

My analysis of 7 comparable properties puts this home's estimated value at $1,081,297. Based on how the local market is moving, a list price between $833,000 and $843,000 would position this home well. Buyers shopping in SPICEWOOD ESTATES right now would see this as a well positioned option among 7 comparable homes. At 11 years newer than typical comps, the 2002 build date influences the valuation. The larger lot (0.57 acres versus the area average of 0.24) contributes to the valuation. Current inventory shows 7 comparable homes in SPICEWOOD ESTATES; a seller's market based on recent absorption. The 6 month price trend in SPICEWOOD ESTATES: risen 28.7%. The best comp here is 10504 Grand Oak CIR, Austin TX 78750 at an adjusted value of $986,824, a strong comparable. The comp data here (7 sales in SPICEWOOD ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus