11000 Arch TER, Austin TX 78750

My analysis of 7 comparable properties puts this home's estimated value at $1,168,182. Based on how the local market is moving, a list price between $862,000 and $872,000 would position this home well. This home's position in the current SPICEWOOD ESTATES market: the most expensive of 7 comparable homes on the market among comparable properties. Having a pool is a plus; 4 of the 7 comps lacked one. The larger lot (0.34 acres versus the area average of 0.29) contributes to the valuation. 7 similar homes are currently available in SPICEWOOD ESTATES, creating a seller's market for this price range. The 6 month price trend in SPICEWOOD ESTATES: risen 36.1%. The best comp here is 11008 Arch TER, Austin TX 78750 at an adjusted value of $1,119,060, with no pool. 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