12307 Burr Ridge DR, Austin TX 78729

After reviewing 7 recent transactions in SPRINGWOODS, I estimate this property's value at $428,266. A competitive list price for this home right now would fall in the $277,000 to $287,000 range. Relative to what's currently available in SPRINGWOODS, this home would be the 2nd most expensive of 7 comparable homes on the market. Being 253 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.17 acres versus the area average of 0.24) contributes to the valuation. 7 similar homes are currently available in SPRINGWOODS, creating a seller's market for this price range. Prices in SPRINGWOODS have fallen 0.4% over the last 6 months. A similar home at 12411 Sparkling Creek CIR, Austin TX 78729 carries an adjusted comparable value of $473,128, providing a strong data point. With 7 comparable sales in SPRINGWOODS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group