2616 Bear Springs, Austin TX 78748

The comparable sales data (7 recent transactions in BRIDGES BEAR CREEK) supports an estimated value of $979,797. The data suggests a list price between $742,000 and $752,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in BRIDGES BEAR CREEK, this home would be the most expensive of 4 comparable homes on the market. This home's larger footprint (328 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.71 acres versus 0.59 for the typical comp. With 4 similar homes currently listed in BRIDGES BEAR CREEK (a balanced market), competition is a factor to consider. Prices in 78748 have fallen 4.7% over the last 6 months. A similar home at 2817 Bear Springs TRL, Austin TX 78748 carries an adjusted comparable value of $989,648, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in BRIDGES BEAR CREEK. 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