12509 Shrike LN # 32, Austin TX 78729

The market data from 4 similar recent sales in SPRINGWOOD PLACE points to a value of approximately $330,204. To sell within a reasonable timeframe at fair market value, the $337,000 to $356,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in SPRINGWOOD PLACE. Being 116 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.04 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. Right now, 5 similar properties are competing for buyers in SPRINGWOOD PLACE, listed between $276,000 and $500,000. In 78729, home values have risen approximately 1% over the past 6 months. One of the strongest data points is 8708 Wood Stork DR, Austin TX 78729, adjusting to $364,572; a strong comparable. The 4 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