11708 Lemens Sugar CV, Austin TX 78750

The estimated value of this property is $769,941, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $763,000 and $807,000. Against 6 similar active listings in FOREST SPICEWOOD, this price point lands at the 2nd most expensive of 6 comparable homes on the market. This home's larger footprint (171 sqft vs the comp average) plays a role in how the market prices it. The 0.43 acre lot (larger than the 0.34 acre average) is reflected in the estimate. 6 similar homes are currently available in FOREST SPICEWOOD, creating a balanced market for this price range. Recent trends in 78750 show home values have fallen 0.9% since 6 months ago. The most comparable recent sale is 10004 Liriope CV, Austin TX 78750, with an adjusted value of $806,784; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group