8629 Lemens Spice TRL, Austin TX 78750

Reviewing the most recent comparable transactions, this home's market value falls around $794,776. For a well positioned listing in FOREST SPICEWOOD, I'd target the $845,000 to $922,000 range. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in FOREST SPICEWOOD. The 1999 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in FOREST SPICEWOOD; a balanced market based on recent absorption. Recent trends in 78750 show home values have fallen 8.1% since 6 months ago. The most comparable recent sale is 11208 CEDARCLIFFE DR, Austin TX 78750, with an adjusted value of $771,278; with a larger floor plan. 3 comparable transactions in FOREST SPICEWOOD 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