4111 Spicewood Springs RD # 8, Austin TX 78759

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $999,711. I'd recommend coming to market at $496,000 to $506,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in SPICEWOOD, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Built in 2015, this home is 33 years newer than the average comp, which is reflected in the adjustments. The 0.18 acre lot (smaller than the 0.22 acre average) is reflected in the estimate. The active market in SPICEWOOD includes 7 comparable homes priced from $499,000 to $1,285,000. The trend in SPICEWOOD shows prices have risen 57.7% in the past 6 months. 7815 Moritz LN, Austin TX 78731 nearby adjusts to $1,141,327; a strong comparable. Based on 7 relevant data points in SPICEWOOD, 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