8304 Hot Springs, Austin TX 78749

The market data from 7 similar recent sales in SHADOWRIDGE CROSSING points to a value of approximately $732,364. To sell within a reasonable timeframe at fair market value, the $480,000 to $490,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in SHADOWRIDGE CROSSING. At 0.80 acres, the lot is larger than the 0.31 acre comp average, which factors into pricing. 7 similar homes are currently available in SHADOWRIDGE CROSSING, creating a balanced market for this price range. In 78749, home values have risen approximately 3.5% over the past 6 months. One of the strongest data points is 6905 Twilight Mesa DR, Austin TX 78737, adjusting to $1,017,005; with a larger floor plan. The 7 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