7417 Crepe Myrtle DR, Austin TX 78744

The market data from 6 similar recent sales in SPRINGFIELD points to a value of approximately $290,343. To sell within a reasonable timeframe at fair market value, the $239,000 to $249,000 range is where I'd position this. Among the similar homes currently available in SPRINGFIELD, this price point stands out as competitive. The 1993 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in SPRINGFIELD; a balanced market based on recent absorption. In SPRINGFIELD, home values have fallen approximately 7.7% over the past 6 months. One of the strongest data points is 6756 Broad Brook DR, Austin TX 78747, adjusting to $318,201; a strong comparable. The 6 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