11608 Spicewood PKWY # 21, Austin TX 78750

My analysis of 7 comparable properties puts this home's estimated value at $1,052,799. Based on how the local market is moving, a list price between $1,186,000 and $1,195,000 would position this home well. This pricing would rank the home as the most affordable of 4 comparable homes on the market in 78750's current inventory. At 5 years newer than typical comps, the 2005 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.32) contributes to the valuation. Current inventory shows 4 comparable homes in 78750; a balanced market based on recent absorption. The 6 month price trend in 78750: fallen 13%. The best comp here is 9904 Chester CV, Austin TX 78750 at an adjusted value of $1,032,685, a strong comparable. The comp data here (7 sales in 78750) 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