2201 Richcreek RD # 2, Austin TX 78757

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $589,138. I'd recommend coming to market at $405,000 to $415,000 to strike the right balance between value and market velocity. In the current GEORGE W SPEAR LEAGUE market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Built in 2018, this home is 26 years newer than the average comp, which is reflected in the adjustments. The 0.26 acre lot (larger than the 0.12 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in GEORGE W SPEAR LEAGUE; a buyer's market based on recent absorption. The trend in 78757 shows prices have risen 14% in the past 6 months. 1004 Morrow ST # 2, Austin TX 78757 nearby adjusts to $562,790; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group