11001 Plumewood DR, Austin TX 78750

The market data from 7 similar recent sales in SPICEWOOD BALCONES points to a value of approximately $913,743. To sell within a reasonable timeframe at fair market value, the $1,040,000 to $1,079,000 range is where I'd position this. Against 4 similar active listings in SPICEWOOD BALCONES, this price point lands at the 2nd least expensive of 4 comparable homes on the market. At 174 sqft larger than the typical comp, the size difference factors into the valuation. At 0.31 acres, the lot is smaller than the 0.35 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in SPICEWOOD BALCONES; a seller's market based on recent absorption. In SPICEWOOD BALCONES, home values have risen approximately 9.6% over the past 6 months. One of the strongest data points is 11001 Spicewood Club DR, Austin TX 78750, adjusting to $1,010,016; with a smaller floor plan. 7 comparable transactions in SPICEWOOD BALCONES 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