9108 Spring Lake DR, Austin TX 78750

Reviewing the most recent comparable transactions, this home's market value falls around $1,212,052. For a well positioned listing in BALCONES, I'd target the $895,000 to $905,000 range. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in BALCONES. The larger floor plan (168 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2003 construction puts this home 29 years newer than the comp average, a factor in the pricing. The active market in BALCONES includes 3 comparable homes priced from $749,000 to $1,050,000. Recent trends in BALCONES show home values have risen 42.7% since 6 months ago. The most comparable recent sale is 9403 Spring Hollow DR, Austin TX 78750, with an adjusted value of $1,359,194; a strong comparable. 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