11512 Tin Cup DR # 114, Austin TX 78750

My analysis of 6 comparable properties puts this home's estimated value at $397,708. Based on how the local market is moving, a list price between $445,000 and $452,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in SPICEWOOD's current inventory. This home's larger footprint (151 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.19 acres versus the area average of 0.16) contributes to the valuation. Current inventory shows 7 comparable homes in SPICEWOOD; a buyer's market based on recent absorption. The 6 month price trend in SPICEWOOD: risen 39.2%. The best comp here is 9518 Topridge DR # 7, Austin TX 78750 at an adjusted value of $419,975, a strong comparable. The comp data here (6 sales in SPICEWOOD) 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