8513 Alum Rock, Austin TX 78747

Reviewing the most recent comparable transactions, this home's market value falls around $286,233. For a well positioned listing in SPRINGFIELD, I'd target the $236,000 to $246,000 range. With 3 comparable homes on the market in SPRINGFIELD, this price positions the property as the most expensive of 3 comparable homes on the market. The smaller floor plan (153 sqft compared to the average comp) is a meaningful differentiator in this price range. With 3 similar homes currently listed in SPRINGFIELD (a balanced market), competition is a factor to consider. Recent trends in SPRINGFIELD show home values have fallen 5.3% since 6 months ago. The most comparable recent sale is 7536 Marble Ridge DR, Austin TX 78747, with an adjusted value of $267,499; 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