12501 Shrike LN, Austin TX 78729

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $394,289. Pricing this home between $456,000 and $464,000 would put it in the competitive sweet spot for SPRINGWOODS PLACE. Relative to what's currently available in SPRINGWOODS PLACE, this home would be the most affordable of 7 comparable homes on the market. The smaller lot (0.05 acres versus the area average of 0.13) contributes to the valuation. The active market in SPRINGWOODS PLACE includes 7 comparable homes priced from $415,000 to $520,000. Market data shows 78729 prices risen 2.9% over the last half year. The closest comparable sale, 8540 White Ibis DR, Austin TX 78729 at an adjusted $455,509, is with a smaller floor plan. The comp data here (7 sales in SPRINGWOODS PLACE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus