8900 Spring Lake DR, Austin TX 78750

The estimated value of this property is $935,373, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $790,000 and $800,000. With 7 comparable homes on the market in BALCONES, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Being 140 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.49 acre lot (larger than the 0.34 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in BALCONES, listed between $725,000 and $1,150,000. Recent trends in BALCONES show home values have risen 25.1% since 6 months ago. The most comparable recent sale is 8600 Crest Ridge CIR, Austin TX 78750, with an adjusted value of $742,572; with a smaller floor plan. Based on 7 relevant data points in BALCONES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX