8713 Lemens Spice TRL, Austin TX 78750

The market data from 6 similar recent sales in FOREST SPICEWOOD points to a value of approximately $934,993. To sell within a reasonable timeframe at fair market value, the $819,000 to $829,000 range is where I'd position this. Against 4 similar active listings in FOREST SPICEWOOD, this price point lands at the most expensive of 4 comparable homes on the market. The 1998 construction puts this home 8 years newer than the comp average, a factor in the pricing. At 0.19 acres, the lot is smaller than the 0.24 acre comp average, which factors into pricing. The active market in FOREST SPICEWOOD includes 4 comparable homes priced from $745,000 to $995,000. In 78750, home values have fallen approximately 1.4% over the past 6 months. One of the strongest data points is 11212 Matisse TRL, Austin TX 78726, adjusting to $1,152,940; a strong comparable. 6 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