12602 Red Sparrow ST, Austin TX 78729

Based on 7 closed sales in SPRINGWOODS PLACE, the data points to a value around $372,926 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $394,000 to $404,000. Buyers shopping in SPRINGWOODS PLACE right now would see this as a well positioned option among 3 comparable homes. Lot size matters here: 0.05 acres versus 0.15 for the typical comp. Buyers in SPRINGWOODS PLACE have 3 comparable options right now, with asking prices between $325,000 and $345,000. Market data shows 78729 prices risen 2.9% over the last half year. The closest comparable sale, 13400 Briarwick DR # 1803, Austin TX 78729 at an adjusted $331,323, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SPRINGWOODS PLACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group