11528 Overlook PASS, Austin TX 78738

The market data from 7 similar recent sales in SPANISH OAKS points to a value of approximately $2,506,297. To sell within a reasonable timeframe at fair market value, the $1,505,000 to $1,515,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 6 comparable homes on the market comparable homes currently on the market in SPANISH OAKS. This home's larger footprint (448 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 4 of 7 comparable sales didn't include one. Current inventory shows 6 comparable homes in SPANISH OAKS; a buyer's market based on recent absorption. In SPANISH OAKS, home values have risen approximately 31.1% over the past 6 months. One of the strongest data points is 5005 Spanish Oaks Club BLVD, Austin TX 78738, adjusting to $2,419,099; 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