11512 Tin Cup DR # 104, Austin TX 78750

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $598,173. I'd recommend coming to market at $440,000 to $450,000 to strike the right balance between value and market velocity. Against 6 similar active listings in SPICEWOOD, this price point lands at the 2nd most expensive of 6 comparable homes on the market. The smaller floor plan (107 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 6 comparable homes in SPICEWOOD; a buyer's market based on recent absorption. The trend in SPICEWOOD shows prices have risen 57.7% in the past 6 months. 9518 Topridge DR # 13, Austin TX 78750 nearby adjusts to $464,432; with a larger floor plan. Based on 3 relevant data points in SPICEWOOD, 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