12807 Springvale DR, Austin TX 78729

After reviewing 3 recent transactions in 78729, I estimate this property's value at $300,670. A competitive list price for this home right now would fall in the $376,000 to $394,000 range. Relative to what's currently available in 78729, this home would be the most affordable of 3 comparable homes on the market. The smaller lot (0.33 acres versus the area average of 0.36) contributes to the valuation. 3 similar homes are currently available in 78729, creating a balanced market for this price range. Prices in 78729 have risen 2.9% over the last 6 months. A similar home at 9505 Eddystone ST, Austin TX 78729 carries an adjusted comparable value of $238,675, providing a strong data point. With 3 comparable sales in 78729, 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