11502 Spicewood PKWY, Austin TX 78750

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $968,513. I'd recommend coming to market at $845,000 to $855,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in SPICEWOOD BALCONES, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. Being 230 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 6 comparable homes in SPICEWOOD BALCONES; a seller's market based on recent absorption. The trend in SPICEWOOD BALCONES shows prices have risen 8.3% in the past 6 months. 9903 Richelieu RD, Austin TX 78750 nearby adjusts to $984,776; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group