8506 Cedar Springs CIR, Austin TX 78737

Taking into account 7 nearby comparable sales, this property's estimated value comes to $515,982. If we were to list this property today, I'd recommend a list price in the $501,000 to $531,000 range. This home's position in the current SPRING VALLEY market: below the only comparable home currently on the market among comparable properties. This home's smaller footprint (1,827 sqft vs the comp average) plays a role in how the market prices it. Being built in 1973 (33 years older than comps) is factored into the value estimate. Current inventory shows 1 comparable homes in SPRING VALLEY; a balanced market based on recent absorption. The 6 month price trend in 78737: risen 7.3%. The best comp here is 6933 Hansa LOOP, Austin TX 78739 at an adjusted value of $518,300, with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus