6315 Spicewood Springs RD, Austin TX 78759

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,031,172. I'd recommend coming to market at $819,000 to $829,000 to strike the right balance between value and market velocity. Among the similar homes currently available in SCOTT, this price point stands out as competitive. Built in 1957, this home is 36 years older than the average comp, which is reflected in the adjustments. The 11.39 acre lot (larger than the 0.30 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in SCOTT; a balanced market based on recent absorption. The trend in 78759 shows prices have risen 4.7% in the past 6 months. 6506 Staghorn CV, Austin TX 78759 nearby adjusts to $1,325,248; with a larger floor plan. 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