12616 Grama CV, Austin TX 78738

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $3,367,368. Pricing this home between $1,630,000 and $1,640,000 would put it in the competitive sweet spot for SPANISH OAKS. This home's position in the current SPANISH OAKS market: the most expensive of 4 comparable homes on the market among comparable properties. The smaller floor plan (358 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 1 of the 3 comps lacked one. Current inventory shows 4 comparable homes in SPANISH OAKS; a buyer's market based on recent absorption. Market data shows SPANISH OAKS prices fallen 6.5% over the last half year. The closest comparable sale, 12625 Maidenhair, #31 LN, Austin TX 78738 at an adjusted $3,429,829, is a strong comparable. With 3 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