8906 Marybank DR, Austin TX 78750

The market data from 7 similar recent sales in PARK SPICEWOOD SPRINGS points to a value of approximately $892,714. To sell within a reasonable timeframe at fair market value, the $1,048,000 to $1,071,000 range is where I'd position this. With 6 comparable homes on the market in PARK SPICEWOOD SPRINGS, this price positions the property as the most affordable of 6 comparable homes on the market. This home's larger footprint (140 sqft vs the comp average) plays a role in how the market prices it. With 6 similar homes currently listed in PARK SPICEWOOD SPRINGS (a balanced market), competition is a factor to consider. In 78750, home values have fallen approximately 12.9% over the past 6 months. One of the strongest data points is 11128 Callanish Park DR, Austin TX 78750, adjusting to $879,334; with a smaller 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