12100 Cottage Promenade CT, Austin TX 78753

The comparable sales data (7 recent transactions in ENCLAVE OF THE SPRINGS) supports an estimated value of $280,792. The data suggests a list price between $309,000 and $344,000 would attract qualified buyers without leaving money on the table. This home's position in the current ENCLAVE OF THE SPRINGS market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. Being built in 2016 (5 years newer than comps) is factored into the value estimate. Lot size matters here: 0.08 acres versus 0.11 for the typical comp. 3 similar homes are currently available in ENCLAVE OF THE SPRINGS, creating a buyer's market for this price range. Prices in 78753 have fallen 1.4% over the last 6 months. A similar home at 1101 E Parmer LN # 331, Austin TX 78753 carries an adjusted comparable value of $247,460, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in ENCLAVE OF THE SPRINGS. 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