10602 Lockerbie DR, Austin TX 78750

Reviewing the most recent comparable transactions, this home's market value falls around $1,158,041. For a well positioned listing in SPICEWOOD BULL CREEK, I'd target the $948,000 to $958,000 range. Among the similar homes currently available in SPICEWOOD BULL CREEK, this price point stands out as competitive. At 0.62 acres, the lot is larger than the 0.47 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SPICEWOOD BULL CREEK; a balanced market based on recent absorption. Recent trends in 78750 show home values have fallen 20.3% since 6 months ago. The most comparable recent sale is 10505 Lockerbie DR, Austin TX 78750, with an adjusted value of $1,311,289; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group