11500 Pencewood DR, Austin TX 78750

After reviewing 7 recent transactions in SPICEWOOD BALCONES, I estimate this property's value at $1,173,465. A competitive list price for this home right now would fall in the $1,173,000 to $1,185,000 range. This would position the home competitively among 3 active listings in SPICEWOOD BALCONES. Having a pool is a plus; 6 of the 7 comps lacked one. At 7 years newer than typical comps, the 1984 build date influences the valuation. Current inventory shows 3 comparable homes in SPICEWOOD BALCONES; a seller's market based on recent absorption. Prices in SPICEWOOD BALCONES have risen 1% over the last 6 months. A similar home at 11402 Pencewood DR, Austin TX 78750 carries an adjusted comparable value of $1,173,387, providing a strong data point. The comp data here (7 sales in SPICEWOOD BALCONES) 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