12507 Silver SPUR, Austin TX 78727

Reviewing the most recent comparable transactions, this home's market value falls around $554,384. For a well positioned listing in TOMANET ESTATES, I'd target the $619,000 to $643,000 range. Against 7 similar active listings in TOMANET ESTATES, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 1962 construction puts this home 21 years older than the comp average, a factor in the pricing. At 0.73 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in TOMANET ESTATES, ranging from $499,000 to $899,900. Recent trends in 78727 show home values have fallen 8% since 6 months ago. The most comparable recent sale is 2403 North Shields DR, Austin TX 78727, with an adjusted value of $643,294; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group