12505 Silver SPUR, Austin TX 78727

Reviewing the most recent comparable transactions, this home's market value falls around $625,813. For a well positioned listing in TOMANET ESTATES, I'd target the $522,000 to $532,000 range. Against 7 similar active listings in TOMANET ESTATES, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 1963 construction puts this home 19 years older than the comp average, a factor in the pricing. At 0.74 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. The active market in TOMANET ESTATES includes 7 comparable homes priced from $499,000 to $675,000. Recent trends in 78727 show home values have fallen 5.5% since 6 months ago. The most comparable recent sale is 12309 Danny DR, Austin TX 78759, with an adjusted value of $615,930; 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