8315 Spanish Oak CIR, Austin TX 78737

The market data from 7 similar recent sales in 78737 points to a value of approximately $657,618. To sell within a reasonable timeframe at fair market value, the $694,000 to $788,000 range is where I'd position this. Among the similar homes currently available in 78737, this price point stands out as competitive. At 241 sqft larger than the typical comp, the size difference factors into the valuation. The 1993 construction puts this home 7 years older than the comp average, a factor in the pricing. 4 similar homes are currently available in 78737, creating a balanced market for this price range. In 78737, home values have fallen approximately 0.3% over the past 6 months. One of the strongest data points is 14717 Crosscreek DR, Austin TX 78737, adjusting to $835,392; with a smaller floor plan. 7 comparable transactions in 78737 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