12503 Silver SPUR, Austin TX 78727

The market data from 7 similar recent sales in TOMANET ESTATES points to a value of approximately $588,969. To sell within a reasonable timeframe at fair market value, the $497,000 to $507,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in TOMANET ESTATES. The 1968 construction puts this home 11 years older than the comp average, a factor in the pricing. At 0.76 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in TOMANET ESTATES, listed between $499,000 and $899,900. In 78727, home values have fallen approximately 8% over the past 6 months. One of the strongest data points is 4505 Oak Creek DR, Austin TX 78727, adjusting to $639,488; a strong comparable. 7 comparable transactions in TOMANET ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group