13002 Armaga Springs RD, Austin TX 78727

The market data from 3 similar recent sales in COTTAGES SCOFIELD RIDGE points to a value of approximately $678,125. To sell within a reasonable timeframe at fair market value, the $478,000 to $488,000 range is where I'd position this. With 6 comparable homes on the market in COTTAGES SCOFIELD RIDGE, this price positions the property as the most expensive of 6 comparable homes on the market. The 2016 construction puts this home 6 years newer than the comp average, a factor in the pricing. With 6 similar homes currently listed in COTTAGES SCOFIELD RIDGE (a buyer's market), competition is a factor to consider. In 78727, home values have fallen approximately 9% over the past 6 months. One of the strongest data points is 12606 Palfrey DR, Austin TX 78727, adjusting to $673,002; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group