7902 Running Water DR, Austin TX 78747

The market data from 3 similar recent sales in SPRINGFIELD points to a value of approximately $348,707. To sell within a reasonable timeframe at fair market value, the $338,000 to $359,000 range is where I'd position this. At this price, the property would be the most affordable of 4 comparable homes on the market comparable homes currently on the market in SPRINGFIELD. Being 150 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 4 comparable homes in SPRINGFIELD; a balanced market based on recent absorption. In SPRINGFIELD, home values have fallen approximately 1.4% over the past 6 months. One of the strongest data points is 6404 Piedras Blanco DR, Austin TX 78747, adjusting to $378,375; a strong comparable. 3 comparable transactions in SPRINGFIELD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group