1701 Mill Springs DR, Austin TX 78746

Reviewing the most recent comparable transactions, this home's market value falls around $1,140,465. For a well positioned listing in 78746, I'd target the $1,355,000 to $1,384,000 range. At this price, the property would be the 2nd least expensive of 6 comparable homes on the market comparable homes currently on the market in 78746. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. The 1984 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 6 similar homes currently listed in 78746 (a buyer's market), competition is a factor to consider. Recent trends in 78746 show home values have risen 6.5% since 6 months ago. The most comparable recent sale is 1305 Shannon Oaks TRL, Austin TX 78746, with an adjusted value of $1,384,159; with no pool. 7 comparable transactions in 78746 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group