6300 Sprucewood CV, Austin TX 78731

Based on 7 closed sales in PARKHILL, the data points to a value around $1,032,805 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $542,000 to $552,000. This pricing would rank the home as the most expensive of 4 comparable homes on the market in PARKHILL's current inventory. At 232 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1985 (7 years newer than comps) is factored into the value estimate. With 4 similar homes currently listed in PARKHILL (a buyer's market), competition is a factor to consider. Market data shows 78731 prices fallen 13.3% over the last half year. The closest comparable sale, 5500 Cedro TRL, Austin TX 78731 at an adjusted $927,671, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in PARKHILL. 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