The estimated value of this property is $384,201, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $447,000 and $456,000. In the current SPRINGFIELD market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The smaller floor plan (114 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 7 similar properties are competing for buyers in SPRINGFIELD, listed between $349,990 and $550,000. Recent trends in SPRINGFIELD show home values have fallen 1.4% since 6 months ago. The most comparable recent sale is 6701 Janes Ranch RD, Austin TX 78744, with an adjusted value of $373,345; with a larger floor plan. Based on 7 relevant data points in SPRINGFIELD, 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