16312 Spillman Ranch LOOP, Austin TX 78738

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $872,888. To generate strong buyer interest while maximizing value, I'd price this between $925,000 and $968,000. With 3 comparable homes on the market in 78738, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (104 sqft vs the comp average) plays a role in how the market prices it. The 2004 construction puts this home 6 years older than the comp average, a factor in the pricing. The active market in 78738 includes 3 comparable homes priced from $800,000 to $964,900. The trend in 78738 shows prices have fallen 4.5% in the past 6 months. 4509 Mont Blanc DR, Bee Cave TX 78738 nearby adjusts to $916,216; with a smaller floor plan. The 7 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