9000 Frostwood TRL, Austin TX 78729

Reviewing the most recent comparable transactions, this home's market value falls around $589,015. For a well positioned listing in SPRINGWOODS, I'd target the $491,000 to $501,000 range. With 6 comparable homes on the market in SPRINGWOODS, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. The 1985 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.27 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in SPRINGWOODS, listed between $519,900 and $749,000. Recent trends in SPRINGWOODS show home values have fallen 0.4% since 6 months ago. The most comparable recent sale is 13309 Ivywood CV, Austin TX 78729, with an adjusted value of $696,997; a strong comparable. The 5 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