206 Spring Creek DR, Austin TX 78612

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $321,420. I'd recommend coming to market at $383,000 to $434,000 to strike the right balance between value and market velocity. Against 3 similar active listings in 78612, this price point lands at the most affordable of 3 comparable homes on the market. At 359 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2003, this home is 5 years newer than the average comp, which is reflected in the adjustments. Right now, 3 similar properties are competing for buyers in 78612, listed between $350,000 and $859,500. The trend in 78612 shows prices have fallen 4% in the past 6 months. 112 Spring Creek CV, Cedar Creek TX 78612 nearby adjusts to $383,384; with a smaller floor plan. Based on 3 relevant data points in 78612, 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