11403 Musket Rim ST, Austin TX 78738

The market data from 7 similar recent sales in SPANISH OAKS points to a value of approximately $3,703,002. To sell within a reasonable timeframe at fair market value, the $2,930,000 to $2,940,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in SPANISH OAKS. The 2005 construction puts this home 9 years older than the comp average, a factor in the pricing. At 1.49 acres, the lot is larger than the 1.13 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in SPANISH OAKS; a buyer's market based on recent absorption. In SPANISH OAKS, home values have fallen approximately 6.5% over the past 6 months. One of the strongest data points is 11620 Musket Rim ST, Austin TX 78738, adjusting to $3,126,588; with a pool. 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