12421 Cherry Laurel TER, Austin TX 78738

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $3,260,024. To generate strong buyer interest while maximizing value, I'd price this between $1,499,000 and $1,509,000. Among the similar homes currently available in SPANISH OAKS, this price point stands out as competitive. The 549 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 1 of 3 comparable sales didn't include one. Right now, 7 similar properties are competing for buyers in SPANISH OAKS, listed between $1,439,000 and $2,650,000. The trend in SPANISH OAKS shows prices have fallen 6.5% in the past 6 months. 12625 Maidenhair LN # 36, Austin TX 78738 nearby adjusts to $2,762,140; with a larger floor plan and no pool. 3 comparable transactions in SPANISH OAKS 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