8914 Spring Lake DR, Austin TX 78750

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,134,609. I'd recommend coming to market at $1,177,000 to $1,223,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in BALCONES. At 191 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2019, this home is 44 years newer than the average comp, which is reflected in the adjustments. The active market in BALCONES includes 7 comparable homes priced from $999,899 to $1,595,000. The trend in BALCONES shows prices have risen 25.1% in the past 6 months. 9407 Springwood DR, Austin TX 78750 nearby adjusts to $1,002,136; a strong comparable. 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