11705 Lemens Spice CV, Austin TX 78750

Reviewing the most recent comparable transactions, this home's market value falls around $1,217,882. For a well positioned listing in FOREST SPICEWOOD, I'd target the $922,000 to $932,000 range. With 3 comparable homes on the market in FOREST SPICEWOOD, this price positions the property as the most expensive of 3 comparable homes on the market. At 0.32 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in FOREST SPICEWOOD, ranging from $879,990 to $1,200,000. Recent trends in 78750 show home values have fallen 8.2% since 6 months ago. The most comparable recent sale is 9228 Limoncillo DR, Austin TX 78750, with an adjusted value of $1,143,966; a strong comparable. The 7 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