12524 Red Sparrow ST, Austin TX 78729

My analysis of 7 comparable properties puts this home's estimated value at $431,161. Based on how the local market is moving, a list price between $494,000 and $512,000 would position this home well. This would position the home competitively among 7 active listings in SPRINGWOODS PLACE. This home's larger footprint (255 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.04 acres versus the area average of 0.13) contributes to the valuation. The active market in SPRINGWOODS PLACE includes 7 comparable homes priced from $415,000 to $539,000. The 6 month price trend in 78729: risen 2.9%. The best comp here is 12914 Leatherback LN, Austin TX 78729 at an adjusted value of $404,324, a strong comparable. 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