8930 Black Oak, Austin TX 78729

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $467,652. I'd recommend coming to market at $280,000 to $290,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in SPRINGWOODS, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. This home's smaller footprint (126 sqft vs the comp average) plays a role in how the market prices it. Buyers in SPRINGWOODS have 7 comparable options right now, with asking prices between $288,800 and $529,900. The trend in SPRINGWOODS shows prices have fallen 1.1% in the past 6 months. 12411 Sparkling Creek CIR, Austin TX 78729 nearby adjusts to $482,296; a strong comparable. Based on 4 relevant data points in SPRINGWOODS, 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