12916 Armaga Springs RD, Austin TX 78727

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $751,320. I'd recommend coming to market at $478,000 to $488,000 to strike the right balance between value and market velocity. Among the similar homes currently available in COTTAGES SCOFIELD RIDGE, this price point stands out as competitive. Built in 2017, this home is 18 years newer than the average comp, which is reflected in the adjustments. The 0.13 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in COTTAGES SCOFIELD RIDGE; a balanced market based on recent absorption. The trend in 78727 shows prices have fallen 8.9% in the past 6 months. 12910 Armaga Springs RD, Austin TX 78727 nearby adjusts to $693,678; a strong comparable. Based on 7 relevant data points in COTTAGES SCOFIELD RIDGE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX