8408 Vaquero CV, Austin TX 78759

My analysis of 6 comparable properties puts this home's estimated value at $1,312,176. Based on how the local market is moving, a list price between $1,435,000 and $1,518,000 would position this home well. Buyers shopping in SPICEWOOD HILLS right now would see this as a well positioned option among 3 comparable homes. Being 933 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.34 acres versus the area average of 0.27) contributes to the valuation. Current inventory shows 3 comparable homes in SPICEWOOD HILLS; a balanced market based on recent absorption. The 6 month price trend in 78759: risen 14.5%. The best comp here is 8804 Marybank DR, Austin TX 78750 at an adjusted value of $1,434,586, with a smaller floor plan. With 6 comparable sales in SPICEWOOD HILLS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group