11704 Lemens Spice CV, Austin TX 78750

Based on 3 closed sales in FOREST THE, the data points to a value around $1,134,984 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,430,000 to $1,438,000. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in FOREST THE's current inventory. A pool adds market appeal. Only 3 minus 2 of the comps had one. Lot size matters here: 0.32 acres versus 0.24 for the typical comp. Right now, 7 similar properties are competing for buyers in FOREST THE, listed between $999,950 and $2,500,000. Market data shows 78750 prices fallen 3.1% over the last half year. The closest comparable sale, 10517 Grand Oak CIR, Austin TX 78750 at an adjusted $1,005,904, is with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in FOREST THE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group