5000 Spartanburg CV, Austin TX 78730

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,270,597. I'd recommend coming to market at $1,245,000 to $1,296,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in RIVER PLACE, this price positions the property as the most affordable of 3 comparable homes on the market. Being 203 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a standout feature, with 4 of 7 comparable homes not offering one. With 3 similar homes currently listed in RIVER PLACE (a seller's market), competition is a factor to consider. The trend in RIVER PLACE shows prices have risen 4.4% in the past 6 months. 10129 Planters Woods DR, Austin TX 78730 nearby adjusts to $1,205,997; 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