11504 Spicewood PKWY, Austin TX 78750

The estimated value of this property is $1,232,952, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $882,000 and $892,000. Against 7 similar active listings in 78750, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 182 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1975, this home is 5 years older than the average comp, which is reflected in the adjustments. Buyers in 78750 have 7 comparable options right now, with asking prices between $799,990 and $2,500,000. Recent trends in 78750 show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 10104 Mandeville CIR, Austin TX 78750, with an adjusted value of $1,180,201; a strong comparable. Based on 7 relevant data points in 78750, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX