12604 Tree Line DR, Austin TX 78729

The comparable sales data (7 recent transactions in SPRINGWOODS) supports an estimated value of $460,173. The data suggests a list price between $380,000 and $390,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in SPRINGWOODS's current inventory. Lot size matters here: 0.27 acres versus 0.24 for the typical comp. With 3 similar homes currently listed in SPRINGWOODS (a seller's market), competition is a factor to consider. Prices in SPRINGWOODS have fallen 16% over the last 6 months. A similar home at 12410 Sparkling Creek CIR, Austin TX 78729 carries an adjusted comparable value of $457,217, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in SPRINGWOODS. 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