12522 Red Sparrow ST, Austin TX 78729

My analysis of 7 comparable properties puts this home's estimated value at $378,062. Based on how the local market is moving, a list price between $454,000 and $481,000 would position this home well. This pricing would rank the home as the most affordable of 4 comparable homes on the market in SPRINGWOODS PLACE's current inventory. The 104 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.00 acres versus the area average of 0.14) contributes to the valuation. With 4 similar homes currently listed in SPRINGWOODS PLACE (a balanced market), competition is a factor to consider. The 6 month price trend in 78729: risen 2.9%. The best comp here is 8540 White Ibis DR, Austin TX 78729 at an adjusted value of $454,322, with a smaller floor plan. With 7 comparable sales in SPRINGWOODS PLACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group