8301 Georgie Trace Ave, Austin TX 78747

The estimated value of this property is $275,070, based on 6 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $275,000 and $282,000. With 3 comparable homes on the market in SPRINGFIELD, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (248 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2002, this home is 5 years newer than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in SPRINGFIELD, creating a balanced market for this price range. Recent trends in SPRINGFIELD show home values have risen 3.2% since 6 months ago. The most comparable recent sale is 7536 Marble Ridge DR, Austin TX 78747, with an adjusted value of $269,029; with a larger floor plan. With 6 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