5008 Spartanburg CV, Austin TX 78730

Reviewing the most recent comparable transactions, this home's market value falls around $1,268,339. For a well positioned listing in RIVER PLACE, I'd target the $1,085,000 to $1,095,000 range. In the current RIVER PLACE market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The 309 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.35 acres, the lot is larger than the 0.31 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in RIVER PLACE, listed between $899,000 and $1,599,000. Recent trends in RIVER PLACE show home values have risen 18% since 6 months ago. The most comparable recent sale is 10123 Treasure Island DR, Austin TX 78730, with an adjusted value of $1,343,129; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group