2525 Spring LN, Austin TX 78703

The comparable sales data (3 recent transactions in MONTE VISTA) supports an estimated value of $2,651,201. The data suggests a list price between $2,221,000 and $2,231,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in MONTE VISTA, this home would be the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (606 sqft vs the comp average) plays a role in how the market prices it. A pool adds market appeal. Only 3 minus 2 of the comps had one. Current inventory shows 7 comparable homes in MONTE VISTA; a buyer's market based on recent absorption. Prices in 78703 have fallen 9.3% over the last 6 months. A similar home at 1904 Meadowbrook DR, Austin TX 78703 carries an adjusted comparable value of $2,877,689, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in MONTE VISTA. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group