8805 Scotsman DR, Austin TX 78750

After reviewing 7 recent transactions in PARK SPICEWOOD SPGS, I estimate this property's value at $726,131. A competitive list price for this home right now would fall in the $773,000 to $790,000 range. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in PARK SPICEWOOD SPGS's current inventory. The larger lot (0.45 acres versus the area average of 0.37) contributes to the valuation. Right now, 4 similar properties are competing for buyers in PARK SPICEWOOD SPGS, listed between $650,000 and $985,000. Prices in 78750 have fallen 21.8% over the last 6 months. A similar home at 11301 Maidenstone DR, Austin TX 78759 carries an adjusted comparable value of $829,612, providing a strong data point. The comp data here (7 sales in PARK SPICEWOOD SPGS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus