11558 Spicewood PKWY # 8, Austin TX 78750

My analysis of 7 comparable properties puts this home's estimated value at $395,569. Based on how the local market is moving, a list price between $417,000 and $428,000 would position this home well. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in GARDENS OF BALCONES COMMUNITY's current inventory. At 7 years newer than typical comps, the 2000 build date influences the valuation. The larger lot (0.20 acres versus the area average of 0.15) contributes to the valuation. The active market in GARDENS OF BALCONES COMMUNITY includes 7 comparable homes priced from $350,000 to $470,000. The 6 month price trend in 78750: risen 0.7%. The best comp here is 11558 Spicewood PKWY # 7, Austin TX 78750 at an adjusted value of $409,886, a strong comparable. With 7 comparable sales in GARDENS OF BALCONES COMMUNITY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group