9308 TOPRIDGE DR, Austin TX 78750

Reviewing the most recent comparable transactions, this home's market value falls around $1,045,776. For a well positioned listing in SPICEWOOD ESTATES, I'd target the $835,000 to $845,000 range. In the current SPICEWOOD ESTATES market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (147 sqft vs the comp average) plays a role in how the market prices it. At 0.31 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. 7 similar homes are currently available in SPICEWOOD ESTATES, creating a seller's market for this price range. Recent trends in SPICEWOOD ESTATES show home values have risen 36.1% since 6 months ago. The most comparable recent sale is 11008 Arch TER, Austin TX 78750, with an adjusted value of $1,074,469; a strong comparable. 7 comparable transactions in SPICEWOOD ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group