11705 Lemens Sugar CV, Austin TX 78750

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $847,292. To generate strong buyer interest while maximizing value, I'd price this between $677,000 and $687,000. With 7 comparable homes on the market in FOREST SPICEWOOD, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The larger floor plan (164 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1999 construction puts this home 10 years newer than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in FOREST SPICEWOOD, ranging from $650,000 to $1,150,000. The trend in 78750 shows prices have fallen 10.7% in the past 6 months. 11560 Cedarcliffe DR, Austin TX 78750 nearby adjusts to $815,805; a strong comparable. The 5 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