12912 Armaga Springs RD, Austin TX 78727

After reviewing 7 recent transactions in COTTAGES SCOFIELD RIDGE, I estimate this property's value at $750,262. A competitive list price for this home right now would fall in the $478,000 to $488,000 range. Buyers shopping in COTTAGES SCOFIELD RIDGE right now would see this as a well positioned option among 7 comparable homes. At 17 years newer than typical comps, the 2016 build date influences the valuation. The smaller lot (0.14 acres versus the area average of 0.18) contributes to the valuation. With 7 similar homes currently listed in COTTAGES SCOFIELD RIDGE (a buyer's market), competition is a factor to consider. Prices in 78727 have fallen 9% over the last 6 months. A similar home at 12606 Palfrey DR, Austin TX 78727 carries an adjusted comparable value of $673,002, providing a strong data point. With 7 comparable sales in COTTAGES SCOFIELD RIDGE, 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