11407 Costakes DR, Austin TX 78750

My analysis of 7 comparable properties puts this home's estimated value at $1,167,832. Based on how the local market is moving, a list price between $1,214,000 and $1,241,000 would position this home well. Relative to what's currently available in SPICEWOOD BALCONES, this home would be the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (140 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 5 of the 7 comps lacked one. With 3 similar homes currently listed in SPICEWOOD BALCONES (a seller's market), competition is a factor to consider. The 6 month price trend in SPICEWOOD BALCONES: risen 8.3%. The best comp here is 11402 Pencewood DR, Austin TX 78750 at an adjusted value of $1,213,684, a strong comparable. With 7 comparable sales in SPICEWOOD BALCONES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group