11512 Tin Cup DR # 309, Austin TX 78750

The market data from 3 similar recent sales in SPICEWOOD points to a value of approximately $391,085. To sell within a reasonable timeframe at fair market value, the $405,000 to $424,000 range is where I'd position this. In the current SPICEWOOD market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. Being 145 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.19 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in SPICEWOOD; a buyer's market based on recent absorption. In SPICEWOOD, home values have risen approximately 22.2% over the past 6 months. One of the strongest data points is 11310 Spicewood Club DR # 12, Austin TX 78750, adjusting to $423,849; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group