12411 Cherry Laurel TER, Austin TX 78738

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $3,712,341. Pricing this home between $1,575,000 and $1,585,000 would put it in the competitive sweet spot for SPANISH OAKS. Buyers shopping in SPANISH OAKS right now would see this as a well positioned option among 4 comparable homes. The smaller floor plan (428 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 1 of the 7 comps lacked one. Buyers in SPANISH OAKS have 4 comparable options right now, with asking prices between $1,499,000 and $3,990,000. Market data shows SPANISH OAKS prices fallen 6.3% over the last half year. The closest comparable sale, 12625 Maidenhair LN # 33, Austin TX 78738 at an adjusted $3,499,349, is with a larger floor plan. With 7 comparable sales in SPANISH OAKS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group