11512 Tin Cup DR # 306, Austin TX 78750

Reviewing the most recent comparable transactions, this home's market value falls around $391,188. For a well positioned listing in SPICEWOOD, I'd target the $405,000 to $424,000 range. In the current SPICEWOOD market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. At 145 sqft larger than the typical comp, the size difference factors into the valuation. At 0.19 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in SPICEWOOD, ranging from $349,000 to $470,000. Recent trends in SPICEWOOD show home values have risen 22.2% since 6 months ago. The most comparable recent sale is 11310 Spicewood Club DR # 12, Austin TX 78750, with an adjusted value of $423,961; 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